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Novel AI systems can circumvent existing fraud defenses at scale. New defenses are necessary to protect the safe operation of financial institutions. Lenders must act fast and adapt to new technology to avoid potentially catastrophic losses. Castles were impenetrable fortresses for centuries in medieval Europe, keeping their inhabitants safe even as attackers ravaged the surrounding lands.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.