Episode 370: How can banks fight AI-boosted spear fishing fraud?

This episode examines an article from Independent Banker Magazine titled “How to fight AI-boosted spear phishing fraud.” Spear fishing is a type of cyberattack that involves emails, video calls, or other forms of communication carried out by fraudsters posing as a trusted colleague or boss. AI is now supercharging spear fishing attacks. 50% of all businesses have experienced fraud involving audio and video deepfakes. What can banks do to combat this type of fraud? A link to the article is included below.

Link: How to Fight AI-Boosted Spear Phishing Fraud