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Illustration of AI-powered scams with cybersecurity shields blocking $4 billion in fraud attempts
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“This Growth is Alarming”: AI-Driven Scams on the Rise as Microsoft Reports $4 Billion of Fraud Stopped

In a chilling reminder to companies and everyday people alike, Microsoft has disclosed alarming new statistics about the sudden proliferation of AI-enabled scams. According to the tech giant, its security teams have blocked more than $4 billion in attempted fraud over the past year alone, a sum that offers a...