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Crime

AI will ‘turbocharge’ cyber-crime and fraud, warns CIIA

Research found that 78% of chief internal auditors believe AI will negatively impact cybersecurity and data security, while 58% say it will exacerbate fraud

The rise of Artificial Intelligence (AI) could “turbocharge” the levels of cybercrime and fraud that businesses face with chief internal auditors “increasingly concerned” that cyber-criminals are likely to weaponize the technology, according to new research from the Chartered Institute of Internal Auditors (CIIA).

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