Tag: Fraud
13 articles tagged Fraud
AI making financial crime 'cheap, fast and invisible', FCA warns
The FCA's enforcement chief says AI is helping criminals innovate faster than regulators can respond, forcing the watchdog to intervene within weeks.
Bank of England warns of AI deepfake scams using Bailey video
The Bank of England has warned the public over AI deepfake scams after fake footage showed Governor Andrew Bailey brawling with Reform UK's Nigel Farage.
Aviva detects record £233m in fraud as AI scams rise
Aviva flagged a record £233m in suspect claims in 2025 as fraudsters used AI to fake accidents and documents, prompting the insurer to deploy AI in defence.
AI-powered fraud generates 4.5 times more profit, Interpol finds
Interpol's latest threat assessment reveals that criminals using generative AI for fraud are dramatically more profitable, with agentic AI poised to enable fully autonomous scam campaigns.
North Korean agents using AI to pose as western IT workers, Microsoft warns
Microsoft threat intelligence reveals North Korean state-backed groups using voice changers, face swap tools, and AI-generated CVs to infiltrate western companies.
Jersey Investment Scam Uses AI-Generated Voice of Chief Minister
An investment scam targeting Jersey residents uses AI-cloned voice of the island's chief minister and fake news articles to lure victims into fraudulent schemes.
