Hotspot - AI

While the basic principle of fraud - obtaining property by deception - holds as true today as ever - one resolution for anti-fraud teams in 2024, say Keith Nuthall & Andreia Nogueira, should be assessing the risks posed by accelerations in technology, notably generative artificial intelligence (GenAI). Combined with the general Covid-19-inspired shift towards online living, AI now offers fraudsters new weapons and wider targets for this year and beyond.

While the basic principle of fraud - obtaining property by deception - holds as true today as ever - one resolution for anti-fraud teams in 2024, say Keith Nuthall & Andreia Nogueira, should be assessing the risks posed by accelerations in technology, notably generative artificial intelligence (GenAI). Combined with the general Covid-19-inspired shift towards online living, AI now offers fraudsters new weapons and wider targets for this year and beyond.