Securitybrief.Au Generative AI Fraud Projected to Cost $11.5 Billion by 2027
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Experts warn that generative AI is transforming digital fraud, enabling the creation of fake personas and deepfakes. Financial analysts estimate that email fraud supported by these AI tools could lead to global losses of up to $11.5 billion by 2027, as cybercriminals adopt increasingly sophisticated techniques that surpass traditional security measures.
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