AI-powered fraudsters are overwhelming bank defenses, Treasury report says

https://www.marketwatch.com/story/ai-powered-fraudsters-are-overwhelming-bank-defenses-treasury-report-says-ee51d227?mod=mw_rss_topstories
U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury Department…