Oscilar unveiled its Cognitive Identity Intelligence Platform to combat the rising tide of AI-powered fraud. The platform’s proprietary “Digital & Behavior Identification” technology transforms digital identity verification in an era where traditional solutions are increasingly vulnerable to sophisticated AI-enabled attacks. At its current growth rate, Deloitte’s Center for Financial Services predicts that generative AI could enable fraud losses to reach $40 billion in the United States by 2027, from $12.3 billion in 2023, a compound … More

The post Oscilar Cognitive Identity Intelligence Platform combats AI-powered fraud appeared first on Help Net Security.