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Over 52% Indian cos saw increase in losses from AI fraud attacks in past year: Report - The Arabian Stories News

NEW DELHI : The advent of Artificial Intelligence (AI) has amplified fraud activities with over 52 per cent of companies in India seeing an increase in losses from fraud attacks in the past one year, according to the data and technology firm Experian.The report observes that about 85 per cent of businesses in India agree that because of the GenAI the individual fraudsters have become a highly organised fraud syndicates.The report by the firm say…
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After the launch of the National AI Supervision Plan, an anti-fraud craze has been set off across the country. The Meiya Jianzhen platform mini program has been connected to the government platforms of many provinces and has been officially recommended. The Kunming Anti-Fraud Center shares five tips to stay away from AI fraud: verify the identity of acquaintances, be wary of official calls, identify false evidence, guard against investment scams…

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The Arabian Stories News broke the news in on Wednesday, March 19, 2025.
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