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Thai financial institutions warned of above-average AI fraud risks

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Thai financial institutions warned of above-average AI fraud risks

Thai financial institutions may face higher-than-average risks from AI-driven fraud as artificial intelligence reshapes financial crime and makes scams faster, more automated and harder to detect, according to a new survey by BioCatch.

Key facts

Summary

The survey found that 84% of banking executives worldwide view AI agents as a major vulnerability that could be exploited by financial criminals over the next 12 months.

BioCatch surveyed 1,440 executives responsible for fraud management, anti-money laundering, risk management and governance across 25 countries. In Thailand, the survey covered 80 senior banking executives and specialists, all of whom identified AI agents as the top risk the financial industry needs to monitor over the coming year.

Read full article at Nation Thailand →

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