The New York Entrepreneur

AI-powered fraudsters are overwhelming bank defenses, Treasury report says

Read Time:11 Second

U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury Department.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Solana’s Shadow Token (SHDW) and Neon (NEON) are soaring: Here’s why
Next post S&P issues negative outlook on five U.S. regional banks due to office space exposure