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Risk Management Fraud Deep Fake

Fisher Phillips

“Regulate AI Outcomes, Not AI Tools.” Congressman Shares Vision for AI Regulation + 5 Tips for Employers

Fisher Phillips on

Speaking at last week’s FP AI Conference, Congressman Jay Obernolte set out to debunk two misconceptions about artificial intelligence. The first is that AI is largely unregulated. The second is that we need to pass myriad...more

Neal, Gerber & Eisenberg LLP

AI and Social Engineering Practice Tips

The hospitality industry faces mounting cybersecurity challenges as artificial intelligence (AI) enables increasingly sophisticated social engineering attacks targeting hotels, resorts, and travel service providers. Threat...more

Bradley Arant Boult Cummings LLP

AI, Deepfakes, and the Rise of the Fake Applicant – What Employers Need to Know

In an age of artificial intelligence and technological advances that improve the quality of deep fake programming, companies must remain vigilant to protect their brand and assets. They also have to be wary of who is applying...more

Jackson Lewis P.C.

The Growing Cyber Risks from AI — and How Organizations Can Fight Back

Jackson Lewis P.C. on

Artificial Intelligence (AI) is transforming businesses—automating tasks, powering analytics, and reshaping customer interactions. But like any powerful tool, AI is a double-edged sword. While some adopt AI for protection,...more

StoneTurn

The Evolution of Cybercrime: How to Stay Safe from AI-Driven Fraud

StoneTurn on

A recent article in The Wall Street Journal highlights a case that is sadly all too familiar – a family member is in distress, and you must wire them money to help save them. Of course, as the article reveals, the family...more

Jackson Lewis P.C.

AI versus MFA

Jackson Lewis P.C. on

Ask any chief information security officer (CISO), cyber underwriter or risk manager, or cybersecurity attorney about what controls are critical for protecting an organization’s information systems, you’ll likely find...more

J.S. Held

The Dark Side of Artificial Intelligence: Scams and Frauds

J.S. Held on

AI is technology that enables computers to simulate human intelligence and problem-solving skills, whereas deepfake is synthetic media that has been digitally manipulated to replace and mimic one person’s likeness. AI has...more

NAVEX

How Compliance Teams Can Think About Risk in Modern Times

NAVEX on

A few weeks back the U.S. Financial Crimes Enforcement Network (FinCEN) published a bulletin urging financial firms to do better at identifying deepfakes that fraudsters might use to evade customer due diligence programs. The...more

Mintz - Antitrust Viewpoints

Senators Hold Hearing on AI Fraud and Scams, Vow to Pass AI Bills in Coming Weeks — AI: The Washington Report

On November 19, the Senate Commerce Committee’s Subcommittee on Consumer Protection, Product Safety, and Data Security convened a hearing on “Protecting Consumers from Artificial Intelligence Enabled Fraud and Scams.” The...more

American Conference Institute (ACI)

[Event] 23rd Annual Canadian Forum on Anti-Money Laundering and Financial Crime - June 5th - 6th, Toronto, Ontario, Canada

Hosted by the Canadian Institute, the 23rd Annual Canadian Forum on Anti-Money Laundering and Financial Crime returns for another exciting year. The event features carefully curated programming providing practical guidance...more

Baker Donelson

Faking It: Protecting Your Financial Institution Against Deepfakes

Baker Donelson on

Fraudulent activity in the financial industry is nothing new. The techniques employed by fraudsters have ranged from fake check fraud and credit card fraud to identity theft and financial account takeovers. For years,...more

WilmerHale

FBI Warns That Scammers Are Using Deepfakes to Apply for Sensitive Jobs

WilmerHale on

On June 28, 2022, the FBI issued a Public Service Announcement (PSA) warning that fraudsters are using deepfakes to impersonate job applicants during online interviews and employing stolen Personally Identifiable Information...more

WilmerHale

Disinformation and Deepfakes Risk Management (DDRM) - Fake Viral Narratives and Synthetic Media Pose Risks to Business

WilmerHale on

Fast-spreading disinformation and the growing ease with which believable deepfake media can be created are threats that are poised to accelerate a range of business dangers, particularly those related to reputational risk,...more

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