Sue Shore told the BBC how scammers targeted her - and we found her information had been leaked online.
In Cybersecurity, this increases the need for AI-driven threat intelligence, vulnerability scanning, and behavioral analysis tools. In Finance & Insurance, it drives demand for AI-powered fraud detection, identity verification, and risk assessment solutions to protect customers and mitigate financial losses. The increased risk necessitates higher insurance premiums and stricter underwriting standards for businesses handling sensitive data.
Businesses need to implement AI-driven security protocols to protect customer data and prevent fraud. This includes investing in tools for continuous monitoring of data leaks, anomaly detection in financial transactions, and automated identity verification to mitigate risks and enhance customer trust.