AI-generated identity fraud reported by more than half of businesses – report
Source: Radio New Zealand Lumin’s chief executive Max Ferguson says AI-generated fraud is eroding trust. Supplied/Lumin More than half of businesses have reported AI-generated identity fraud at an average cost of $2.2 million for each attack. Christchurch-founded document workflow provider Lumin said sophisticated impersonation technology had reached new heights, with 90 percent of the 1000 … Read more