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Digital Fraud Growing Faster than Digital Transactions: TransUnion

Between 2019 and 2023, suspected digital fraud grew 105%, outpacing digital transactions which grew 90% according to a new report from TransUnion. By the end of 2023, lenders were facing over $3 billion exposure through the use of fake or synthetic identities for credit cards, auto loans and personal loans. Over 50% of consumers in 18 select countries and regions reported being targeted with fraud attempts, just between September and December 2023.

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Olympics: mass AI surveillance & Israeli athlete data leak

July 30, 2024

At the Olympics, privacy advocates have objected to use of algorithmic video surveillance cameras gathering footage in the city. This is subsequently being analyzed by AI - to predict and to detect threats. Concerns are about built-in bias, false positives, and that this will set a precedent for biometric data collection at other mega events. At the same time, despite the heightened security to protect Israeli athletes, the 'Zeus' Hacker Group gained access to sensitive, personal data and published it on Telegram.

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