thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to like move a lot of money or do something else. You say a challenge phrase and they just do it. Um, that is a crazy thing to still be doing.Like AI has fully defeated that. AI has fully defeated most of the ways that people authenticate currently other than like passwords, but all of these like fancy, you know, take a selfie and wave or do your voice or whatever. Um I ...

US seeks to recover $7.1 million in crypto tied to oil and gas fraud scheme https://t.co/TYuCZpFVkb ...

It is so tough right now, especially with the rise of generative AI to tell truth from falsehood. That's such a scary proposition. And this has a huge impact on fraud.It can do all sorts of things that enable very targeted exploitation in that way. And and do it at scale. First of all, believe nothing, trust nothing.That that's that should be a baseline. Yeah. Baseline rule one. Baseline rule one.Be skeptical. Trust no one. Number two, to the extent that you are contemplating a financial decision, it's impo ...

Uber is suing a group of lawyers and medical providers in Los Angeles who it says have made fraudulent insurance claims that cost the company millions in legal fees — the third such lawsuit it’s filed this year https://t.co/tylDt9xyS2 ...

The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion dollar fraud, it claimed https://t.co/bQZbF17ShU ...

Scams that trick people into transferring funds fall outside most current fraud protections. Some victims want banks to take responsibility. https://t.co/JJrWiNDDHe ...

Some “pig butchering” scam victims say banks aren’t doing enough to prevent the fraud. https://t.co/ryrUevSsku ...

David Sharpe, the former CEO of Bridging Finance, is appealing a decision from Canada’s top capital markets regulator that found he committed fraud and barred him permanently from trading https://t.co/bRam8wySg6 ...

The founder of fashion platform CaaStle has surrendered to face fraud charges over the multimillion dollar collapse of the tech startup https://t.co/wu8tv3xv29 ...

Scam Alert - Bybit warns of a new scam targeting Telegram users with "arbitrage tips" [1] - Scammers impersonate traders, tricking victims into sending funds across blockchains [1] - Victims experience total loss of funds due to the multi-chain fraud [1] Security Measures - Bybit emphasizes that it never DMs users randomly [1] - The industry advises users to stay alert to avoid falling victim to scams [1]