AI-Powered Fraud Surges to 40% of Data Breaches as Global Losses Top $534 Billion, Sparking AI vs. AI Arms Race
AI-powered fraud now accounts for 40% of data breaches, driving global losses past $534 billion annually, as tools like FraudGPT fuel synthetic identities and deepfakes — forcing companies like OpenAI and TransUnion into an urgent AI-versus-AI arms race to fight back.