It shouldn’t be a surprise that cyberfraud poses an escalating threat to businesses, especially given recent advances in generative AI tools. In fact, studies show that most U.S. companies have been targeted and many have fallen victim to these crimes. Payment fraud attempts are especially troubling, with 71% of companies reporting a spike in such incidents.

Topics:  ai   u.s    payment   business   cyberfraud   age   companies   
BING NEWS:
  • Protect your business from cyberfraud in the age of AI: Q&A with a banking info security leader
    In this interview, Matt Cannon, information security officer at Orlando-headquartered FAIRWINDS Credit Union, shares steps businesses can take to protect themselves from costly cybercrimes that can ...
    01/13/2025 - 4:24 am | View Link
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