Shielding from deepfake risks – how exposed are FIs and banks?
How can financial institutions and the banking sector brace themselves for the escalating risks associated with generative AI, particularly as it pertains to deepfakes and sophisticated fraud schemes?
As criminals harness increasingly advanced AI technologies to deceive and defraud, banks are under pressure to adapt and fortify their defences. Deloitte’s latest insights shed light on the potential surge in fraud losses, prompting a critical examination of the measures needed to safeguard financial systems in this rapidly evolving landscape.
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