Cyber fraud has reached a new peak this year - as global economic uncertainty takes hold, artificial intelligence (AI) improves, and regulatory frameworks weaken the defenses of businesses and consumers alike.
This is the conclusion published in the Voice Intelligence & Security Report from voice tech experts Pindrop. Analyzing five billion calls and three million fraud cases within the largest financial institutions, the company found that there’s been a 53% year-on-year increase in fraudulent activity in Q4 2022.
