Alarming rise in AI-powered scams: Microsoft reveals $4 Billion in thwarted fraud
AI News
APRIL 24, 2025
AI-powered scams are evolving rapidly as cybercriminals use new technologies to target victims, according to Microsoft’s latest Cyber 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.
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