According to the assessment of Interpol, the rise of technology-enabled fraud is leading to an increase in professional and sophisticated fraud attacks.
INTERPOL latest assessment of global financial fraud highlights the rise of technology-enabled fraud, driven by advances in technology such as artificial intelligence, cryptocurrencies, phishing and ransomware-as-a-service models. This makes fraud schemes more complex and accessible to criminals without advanced technical knowledge, posing a serious threat to global financial security.
According to the assessment, the rise of technology-enabled fraud is leading to an increase in professional and sophisticated fraud attacks. Furthermore, criminal groups are using online platforms for a variety of financial fraud methods. INTERPOL Secretary General Jürgen Stock warns that financial fraud is on the rise and emphasizes the need for global cooperation. According to Stock, first of all, all institutions and organizations need to make reporting flawless and fast. Because only in this way can a vital advantage be gained in the race against time.
One of the crucial points of the assessment is the increase in fake IDs and romantic scams in the US. There has also been a rise in more localized issues in Asia, such as pig slaughter scams and telecommunications fraud. To sum up, this shows that attackers are analyzing their targets in more detail and refining their attacks. INTERPOL emphasizes the need for multi-stakeholder, public-private partnerships to trace and recover funds lost to these crimes.
Source: https://www.cioupdate.com.tr/manset/interpol-yapay-zeka-destekli-siber-saldirilar-alarm-veriyor/