With AI increasingly being used by hackers to execute cyber-attacks, fraud and scams have become more challenging to identify. In Australia alone, reported losses to scams reached a record $3.1 billion last year, an 80% increase from the previous year. The impact is not only devastating for victims but also for the industry providing products and services.
Governments and regulators are leveraging generative AI to combat and prevent fraud by analyzing patterns, as scammers become more sophisticated. In this engaging panel discussion, we will explore how the Australian Government and industry collaborate to protect consumers from evolving threats.
Following the discussion, there will be an opportunity to network and connect with fellow professionals in the field.