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flag AI fraud costs surge to over $12.5 billion in the U.S., with scams becoming harder to detect.

flag AI fraud is on the rise, with fraudsters using advanced technology to deceive people for financial gain. flag Scammers reportedly cost consumers over $1.3 trillion globally last year, a 25% increase from the previous year. flag In the U.S., fraud losses exceeded $12.5 billion. flag AI techniques like voice cloning and phishing are making scams harder to detect. flag Businesses are advised to use authoritative data to identify and block fraudulent communications and enhance their cybersecurity measures to combat these sophisticated threats.

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