Attempted fraud totaling $4B averted by Microsoft amid escalating AI-powered scams

Microsoft has touted averting fraud attempts amounting to $4 billion, while dismissing 49,000 bogus partnership enrollments and 1.6 million attempted bot signups per hour, as it observed the mounting exploitation of artificial intelligence in cyber scams during the past year, reports Infosecurity Magazine.

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Article Link: https://www.scworld.com/brief/attempted-fraud-totaling-4b-averted-by-microsoft-amid-escalating-ai-powered-scams