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‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year

Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says CifasCriminals are increasingly exploiting AI technology to take over people’s mobile, banking and online shopping accounts, the UK’s leading anti-fraud body has warned.Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which […]

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Digital wallet fraud: how your bank card can be stolen without it leaving your wallet

Fraudsters use phishing to steal card details, which fund a spending spree using Apple Pay or Google PayYou get a call from your bank and the informed voice asks to you to confirm the personal details they have on file, which you do. You are then asked whether you bought something at an electrical retailer

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