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Scammers are exploiting AI to enroll fake students at US community colleges and collect financial aid, raising serious concerns about academic integrity and the future of education.
AI image fraud is projected to cost $40 billion globally next year, prompting international efforts to establish standardized detection methods.
Publishing professionals are increasingly falling victim to AI-powered impersonation scams, where fraudsters use artificial intelligence to mimic legitimate literary agents and publishers.
Google, Meta, Amazon and eight other tech giants have signed a global accord to share scam intelligence and coordinate defenses against AI-driven fraud.
Milan-based cybersecurity firm Cleafy has raised €12 million to advance its predictive fraud prevention technology, positioning banks to combat AI-driven financial threats before they occur.
