Posted inSpotlight, Tech News

Rise of deepfake scams could cost the world $10.5 trillion by 2025 — report

Regulators, law enforcers, and the financial industry are getting concerned with the advancement of artificial intelligence (AI), citing worries at how it’s being used to proliferate cybercrime. It also coincides with a report suggesting the cost of the scam to reach $8 trillion in 2023 and $10 trillion by 2025. Cybercriminals are even becoming more […]