Scammers Have ChatGPT

In the age of deep fakes, large language models, and ChatGPT, AI is scaling up chargebacks and scams. However, used correctly, it's also a tool in the fraud squad’s toolbox. The insight key is understanding the shift from intrinsic AI to extrinsic AI. Our defenses were based on looking at intrinsic data about users (PII, biometrics, passwords). But what is extrinsic AI and how does it help?

Here's what you'll learn:
Emerging fraud typologies enabled by AI
Their relative success rates vs historic methods
The weakness of intrinsic data fraud detection
How extrinsic data and signals support better fraud detection