Alarming rise in AI-powered scams: Microsoft reveals $4 Billion in thwarted fraud

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AI-powered scams are evolving rapidly as cybercriminals use new technologies to target victims, according to Microsoft’s latestCyber Signals report. Over the past year, the tech giant says it has prevented $4 billion in fraud attempts, blocking approximately 1.6 million bot sign-up attempts every hour – showing the scale of this growing threat. The ninth edition […]

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