1950.Ai’s Post

This article is fascinating to me because it shows the dangers of AI and the internet.

🌐 INTERPOL's Think Twice Campaign - Join the Fight Against Cyber and Financial Crimes! 🌐 I am proud to stand with INTERPOL in our latest initiative aimed at combating the surge of cyber and financial crimes threatening our digital safety. As a member of the INTERPOL EXECUTIVE Committee, I am fully committed to enhancing cybersecurity awareness worldwide. The #ThinkTwice campaign is a crucial step forward in our ongoing battle against: - Ransomware Attacks - With a 70% increase, these attacks not only disrupt business operations but can devastate entire organizations. - Malware Attacks - Up by over 30% in the past year, with a shocking 20% of employees inadvertently aiding these attacks. - Phishing - Evolving and becoming more sophisticated, exploiting even the most cautious users. - Generative AI Scams - Using advanced technology to trick individuals with ultra-realistic avatars and interactions. - Romance Baiting - Fraudsters building false relationships to exploit trust and finances. In this digital age, where our lives are increasingly online, pausing to <<Think Twice>> before clicking or sharing personal information could save you from becoming a victim. Here’s what you can do: - Be Vigilant: Always verify the identity of anyone requesting sensitive information or funds. - Educate Yourself: Stay informed about the latest scam tactics, especially those involving AI and digital manipulation. - Protect Your Devices: Use strong, updated cybersecurity measures and be cautious with links and attachments. INTERPOL’s campaign from December 3rd to 19th aims to empower each of us to make wise decisions online, fostering a safer digital environment for all. Let's unite in our efforts to spread awareness. Share this campaign, educate your networks, and together, let's reduce the risks associated with these pervasive threats. For more information, visit: https://lnkd.in/dpJsuYBW Together, we can #ThinkTwice and secure our digital world 🌏 #CyberSecurity #FinancialCrime #ThinkTwice #INTERPOL #Police #LawEnforcement

🔍 Exploring the Future of Credit Card Fraud Prevention 💳 I’m diving deep into the ever-evolving world of credit card fraud to understand how cybercriminals operate and innovate ways to stop them in their tracks. My upcoming research will focus on cutting-edge solutions like AI-driven fraud detection, biometrics, and even quantum cryptography, shaping the future of financial security. 💡 Key Questions Driving My Research: How can AI and machine learning proactively detect and neutralize fraud before it occurs? What role will biometric authentication play in making credit card transactions safer? Can quantum technologies create unbreakable defenses for our digital financial systems? This journey isn’t just about understanding fraud; it’s about empowering individuals and organizations to stay ahead of increasingly sophisticated scammers. My goal is to develop actionable, innovative solutions that transform how we secure financial transactions in a rapidly changing digital landscape. 🌐 Have insights or challenges related to financial security? Let’s collaborate! #FutureResearch #CreditCardFraud #AI #Cybersecurity #QuantumCryptography #Innovation

As the digital landscape continues to evolve, we are seeing online fraud and scams growing in sophistication and scale, posing a threat to individuals and organizations. Criminals are using generative AI to create ultra-realistic human avatars or using fake online profiles to build relationships and gain trust, before asking for money. Cybersecurity is a joint responsibility and through proactive steps, we can help build a more secure, and safer, digital world for everyone. Think Twice. https://lnkd.in/dvV4_Ji5

In a world increasingly reliant on digital infrastructure, cyber and financial crimes have become significant threats. To address these challenges, governments, law enforcement agencies, and cybersecurity experts have launched a groundbreaking initiative aimed at combating the surge in cyber fraud and financial crimes. Collaboration is the key to knowledge share and an effective defence mechanism. United we can fight this #thinktwice

Many of you probably share the same mix of enthusiasm and fears about the growing power of AI in the financial sector that I have. In our consumer protection work at CGAP we have already seen both its benefits for consumers and authorities as well as the risks it can amplify and accelerate for consumers, especially those in vulnerable situations. So let us see how we can use AI to the advantage of consumers. Big thanks to colleagues for their inputs and support in developing this CGAP podcast: Charina D. Vera-Yap from Bangko Sentral ng Pilipinas, Matt Grasser from the Cambridge Center for Centre for Alternative Finance, Cambridge Judge Business School, Juan Carlos Izaguirre 🏳️🌈 and Lamis Daoud Please feel free to share your favorite research or article on the links between AI and financial consumer protection in the chat. Rebecca S., Rebecca S., Jayshree Venkatesan, Faith Reynolds, Pia Bernadette Roman Tayag; Graham A N Wright, Anna Wallace, Antoine Navarro, Camila Quevedo-Vega, Sergio Mesquita, Deepti George, David Symington, Deon Woods Bell, Rafael Mazer, Sheila Senfuma Nakanyike, Robin Newnham, Moses Musantu, Vatsala Shreeti, Jon Frost, Denise Dias, Ahmed Dermish, Sarah Corley

In an age where cyber threats are constantly evolving, the need for robust payment security has never been more critical.     Artificial Intelligence (AI) and Machine Learning (ML) are the new defenses against fraud and transform how we protect digital transactions. Offering real-time threat detection, adaptive authentication, and unmatched precision in safeguarding sensitive financial data.     Here’s how AI can protect your business and enhance your payment systems: https://lnkd.in/edkAHpfd      #Ozow #AI #Fintech #Payments #Innovation #Cybersecurity  

Anthropic just released a new mode in their models called “Computer Use” This AI can search the web, open applications and mimick human interactions without any human input In the demo they showed how it effortlessly extracted data from an Excel sheet and filled out forms, showcasing its technical prowess While this innovation is remarkable and user-friendly, it raises serious concerns for financial institutions. With AI, anyone can now automate mass onboarding, making systems vulnerable to coordinated attacks Banks, digital lenders and fintechs must bolster their defenses against this new wave of threats Perfios' TrustArmour can detect and flag such sophisticated attacks, identifying bots and also preventing syndicates from overwhelming your systems with mass account creation—safeguarding your institution from the future of fraud Want to know how? Let's connect #AI #FintechSecurity #DigitalLending #FinancialFraud #OnboardingSecurity #Cybersecurity #AIinFinance #FraudPrevention #Perfios

🤖 If you feel like AI is everywhere these days --well, it's true :) ❓ But how can we take best advantage of it while addressing the risks that come with it? 📢 This question is at the core of CGAP's latest podcast episode, where we discuss how AI-powered Suptech can transform financial consumer protection. Check it out below

Those interested in AI technology, policies and practices pertaining to the protection of names, identity, likeness, and voice can save the date - August 5, 2024 - for the USPTO's first public roundtable on this topic. USPTO is asking for input on whether existing laws protecting an individual’s reputation and existing laws prohibiting unauthorized use of an individual’s name, image, voice, likeness, or other indicia of identity (collectively referred to within this Notice as “NIL”) are sufficient given the development and proliferation of artificial intelligence (AI) technology. This announcement will publish July 1, 2024. Interested speakers and participants would need to register by Julie 30, 2024. #USPTO, #AI, #IP, #trademark, #patent, #NIL, #tech, #invention, #surveillance, #cyber, #privacy,