From Hype to Reality: The Current State of AI-Driven Fraud

Fraud

Payments

MRC Virtual Summit

MRC Generative AI Summit

Sift

Nov 12, 2024

Presentations

In the wake of the initial excitement surrounding the release of open large language models (LLMs), the threat of AI-driven fraud was often considered theoretical or isolated.

However, the landscape has dramatically shifted. Today, merchants report AI-driven fraud on their platforms every week (Sift’s Q2 2024 Digital Trust Index), signaling the transition from threat to reality.

Join Brittany Allen for a compelling session exploring the evolution of AI fraud, leveraging key insights from Sift and the MRC’s research. Brittany will discuss the state of play of AI fraud techniques and what businesses are doing today to mitigate these attacks.

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