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8 in 10 Financial Firms Investing in Security to Protect Them From Emerging AI Fraud Threats

The Fintech Times

Risks include deepfakes, sophisticated cyber hacks, and the use of generative AI to create malware. Risks include deepfakes, sophisticated cyber hacks, and the use of generative AI to create malware. However, only 53 per cent of financial industry respondents said they prioritise explaining their use of AI to their customers.

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