![]() ![]() Countering threats in the cloud, threats from generative AI Bad actors thrive on uncertainty, and often expand their targets to make quick cash to cover rising costs and expenses. While the benefits are clear, this also provides bad actors with more opportunities for fraudulent activity, such as having the ability to conceal their identities and trick consumers more easily into sending them money.Īdditionally, the potential for economic slowdown may provide bad actors with a stronger incentive to connect with and lure their victims, for their own financial gain. This is due to a couple of factors - for example, the rise of digital payments has significantly transformed money movement, making it easier, faster and more seamless. Over the next couple years, we will continue to see fraud follow trends that reflect daily life. ![]() Paul Fabara: As commerce continues to return to digital and physical modes, fraudsters are adapting their tactics to find new ways to scam consumers and businesses. VentureBeat: How do you see cybercrime evolving over the next 12 to 24 months? Following is an edited transcript of the interview. ![]()
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