AI-generated receipts and synthetic identity fraud can help businesses stay ahead of a growing threat. Synthetic identity fraud occurs when fraudsters create fictitious identities that can bypass traditional verification systems, such as knowledge-based authentication questions or passwords, by combining real and fabricated personal information.

Research found that ChatGPT could respond to simple prompts asking for websites of major companies by providing the wrong URL.

Scam-yourself attacks are rising fast, using AI-generated videos to trick people into handing over money or data. Facebook and YouTube are key targets.

A user claimed to double a $400 trading account in 10 days using AI tools ChatGPT and Grok, sparking interest in AI-assisted investing.

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code ...

Deepfakes and phishing attacks are just some of the ways criminals are harnessing AI to scam homebuyers, say security experts.