Scammers have started using AI to trick victims into divulging private information, but now PayPal is using AI to fight back.

This is particularly dangerous as most AI models will store the chat history and use it to help train the AI to better respond to questions. The key issue being that hackers could potentially use very ...

Almost a third of AI users have entered sensitive information into ChatGPT, and 14% admit entering company trade secrets.

It’s getting scarily easy to create an AI soundalike to fool your banks or loved ones. We need industry and government to fix this.

Be careful if you're asking AI for a brand's URL, it might not be correct - and smaller brands are particularly bad.

AI-generated receipts and synthetic identity fraud can help businesses stay ahead of a growing threat. Synthetic identity ...

Researchers have shown that it's possible to abuse OpenAI's real-time voice API for ChatGPT-4o, an advanced LLM chatbot, to conduct financial scams with low to moderate success rates.

The arrival of ChatGPT may also make romance scams and other types of online scams more common. ... and other sources, will enable us to enhance automated risk scoring systems. It is now a must.

Crypto day traders are using AI tools like Grok and ChatGPT to build automated bots that execute trades and manage risk.

The Federal Trade Commission opened an investigation into OpenAI’s chatbot ChatGPT and the potential risk it poses to consumers, the Washington Post reported Thursday.