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Vijay Balasubramaniyan

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13:09
2026-06-15
letsdatascience.com
artificial-intelligence

Fraudsters Exploit AI, Driving Surge in Monetary Losses

UK Finance reported overall fraud losses of £1.3bn in 2025, up 11% year-on-year, with authorized push payment losses rising 19% to £576.4m, the highest since 2021. Security vendor Pindrop recorded a 1…

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