Categories: Fraud Intelligence

Risky business – The AI arms race in fraud



A proliferation of easily accessible fraud communities and new Generative AI fraud tools like WormGPT have lowered the barriers to entry, making it easy for even novices to profit from payment fraud. Riskified’s CMO Jeff Otto is joined by Hilla Peled, SVP Data Science and ex-fraudster Alexander Hall to discuss how criminals leverage new technologies and fraud marketplaces to access and exploit vast amounts of data with alarming ease. Discover real-world (and often surprising) examples of how these fraud patterns are being detected, and how AI is adapting to fortify our defenses against these evolving threats.

Hilla Peled, VP Data Science, Riskified
Jeff Otto, CMO, Riskified
Alexander Hall, Founder, Dispute Defense Consulting

https://www.riskified.com/ascend-2024/post-summit/#recorded-sessions?utm_source=youtube&utm_medium=riskified_channel&utm_campaign=riskified_2025

source

ScamBuzz

Share
Published by
ScamBuzz

Recent Posts

On-Device AI Against Scams – Google DeepMind

On-Device AI Against Scams  Google DeepMind Source link

1 hour ago

On Your Side: BBB warns of fake invoice and subscription renewal scams – KY3

On Your Side: BBB warns of fake invoice and subscription renewal scams  KY3 Source link

7 hours ago

A Vacation Home Disguised as a Primary Residence | Michigan | Disaster Fraud

A Michigan woman has been sentenced to six months in federal prison after falsely claiming…

12 hours ago

Measuring the True Cost of Fraud : About Fraud

What’s the cost of fraud?   Financial institutions typically confront the true cost of fraud only after a loss event.…

12 hours ago

RI Civil Air Patrol cadet director facing child porn charge – WPRI.com

RI Civil Air Patrol cadet director facing child porn charge  WPRI.com Source link

13 hours ago

No Rap Songs in Hot 100's Top 40 for First Time Since 1990 – Billboard

No Rap Songs in Hot 100's Top 40 for First Time Since 1990  Billboard Source link

14 hours ago