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2020 Event News

AI: the key weapon in battling payment fraud

AI is driving business growth, but it is also driving fraud. And what is the best way to beat AI fraud? Using AI, of course.

In this article from Telemedia Magazine, Paul Skeldon takes a look at how Evina is making that happen

In 2022, a staggering €8.44trn vanished through cybercrime. This alarming figure is anticipated to escalate as cybercriminals turn to AI to help perpetrate ever more complex attacks – from a range of scams (see page 6) down to stealing directly from mobile users through manipulation or device takeover.

So, how can the telemedia industry tackle this emerging threat as powerful AI tools become more accessible to cybercriminals? The answer lies in using AI to beat AI.

With thanks to our advertisers EVINA

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