AI-generated images behind increase in insurance fraud
TransUnion said 1 in 6 U.S. consumers lost money to digital fraud last year as AI helped scammers create faster, more convincing schemes.
4 Articles
4 Articles
AI-Driven Fraud Scams Cost US Consumers Thousands, TransUnion Finds
Criminals are increasingly exploiting artificial intelligence (AI) tools to target Americans with greater scale and sophistication, according to a new analysis. In its analysis released on April 16, credit agency TransUnion found that one in six American consumers said they lost money to digital fraud over the past year through scams conducted by email, online platforms, phone calls, or text messages. The median reported loss was $2,307. Accordi…
The AI Insurance Scam Boom Nobody Saw Coming
Insurance fraud is nothing new, but today, it’s getting a serious tech upgrade. Fraudsters are now using AI to fake damage, invent luxury items, and even clone car number plates. And it’s working, for a while at least. Cardiff-based insurer Admiral reported a massive 71% spike in fraud cases during 2025. The company points directly […] The post The AI Insurance Scam Boom Nobody Saw Coming appeared first on AutoGPT.
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