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Maroc Maroc - IT-ONLINE.CO.ZA - A La Une - 29/Aug 09:34

Banking crime losses decline, but AI poses major threat

The South African Banking Risk Information Centre (SABRIC) has released its Annual Crime Statistics for 2024, reflecting a significant decline in financial crime losses – but also warning of the growing threat posed by artificial intelligence (AI) in fraud schemes. In 2023, South Africa recorded financial crime losses amounting to R3,3-billion. This figure dropped to […]

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