Automobile insurance fraud, which increases premiums for all drivers, was once almost entirely limited to staged accidents, forged documents, and identity theft. Many schemes involved large rings, ...

Insurance fraud is more common than scams in other fields, and its prevalence is growing, a new report from fraud detection company Pindrop found. After analyzing more than 1.2 billion customer calls ...

AI-generated voice cloning has moved from proof-of-concept to production. In the last quarter of 2024, roughly one in three US consumers reported encountering some form of synthetic-voice fraud, and a ...

OpenAI CEO Sam Altman warns of an imminent AI fraud crisis, particularly targeting financial institutions using voice authentication. He states AI has “fully defeated” current methods, urging a ...

COMMENTARY Three seconds of audio is all it takes to clone a voice. Vishing, or voice fraud, has rapidly become a problem many of us know only too well, impacting 15% of the population. Over ...