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AI has become the most powerful tool for financial fraud since the dawn of the Internet. As predicted, criminals are exploiting it faster, more effectively, and at scale.
According to the latest Interpol Global Financial Fraud Report, AI-enhanced fraud is now 4.5 times more profitable than traditional schemes. That’s a significant shift and we’re still in the early stages.
Full article on my Substack: https://open.substack.com/pub/matthewrosenquist/p/cybercriminals-are-winning-with-ai