The post OpenAI's Sam Altman Warns of Impending AI-Powered Fraud Crisis appeared first on Android Headlines.

Scammers have started using AI to trick victims into divulging private information, but now PayPal is using AI to fight back.

This is particularly dangerous as most AI models will store the chat history and use it to help train the AI to better respond to questions. The key issue being that hackers could potentially use very ...

AI-generated receipts and synthetic identity fraud can help businesses stay ahead of a growing threat. Synthetic identity ...

Sam Altman, CEO of OpenAI, wants banks and other financial institutions learn to outwit AI when it comes to protecting ...

Financial institutions have been surprise early adopters of ChatGPT, and the AI industry is on the advent of "intelligence ...

OpenAI has flagged the agent as high-risk under its safety framework. Is this just marketing hype or a sign that AI is ...

Researchers have shown that it's possible to abuse OpenAI's real-time voice API for ChatGPT-4o, an advanced LLM chatbot, to conduct financial scams with low to moderate success rates.

Crypto day traders are using AI tools like Grok and ChatGPT to build automated bots that execute trades and manage risk.