There are countless ways, and more appearing every day, of how cyber criminals are using artificial intelligence to defraud and disrupt payment processing. This invisible threat is having a grave impact on all industries across the United States and is costing $12.5 billion per year in lost revenue. With attacks becoming increasingly sophisticated, there are processes that a company can take to mitigate these risks. This session will help inform attendees of what their company needs to do to mitigate these risks, what training employees need to complete, and what to do when a company is attacked by cyber criminals.
The session will use real life examples and case studies to highlight methods and best practices for detecting AI driven fraud. Will all discuss using AI to detect fraud and identify unusual account activity.
- An increased knowledge in the sophistication of cyber criminals in their use of AI to trick and defraud payment processors.
- Steps a company can take to mitigate the risks from criminals using Artificial Intelligence for nefarious means.
- Identifying gaps in your organization’s security that may be exploited by cybercriminals.