INTERPOL Makes Financial Fraud Assessment

Sheryl_Wharff

Organized crime groups using human trafficking victims to carry out ‘pig-butchering’ scams

A new INTERPOL assessment on global financial fraud highlights how the increased use of technology is enabling organized crime groups to better target victims around the world.

The use of Artificial Intelligence (AI), large language models and cryptocurrencies combined with phishing- and ransomware-as-a-service business models have resulted in more sophisticated and professional fraud campaigns without the need for advanced technical skills, and at relatively little cost.

Read more here ...

https://outlookseries.com/A0767/Financial/3691_INTERPOL_Financial_Fraud_Assessment.htm

Quantexa's Clark Frogley shares his thoughts.

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