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Writer's pictureBullion PR

Risks and rewards of AI for organised crime in Africa

In 2019, a British company was defrauded of US$243 000 when the voice of the chief executive was impersonated by criminals using artificial intelligence (AI). In South Africa, impersonation fraud increased by 356% between April 2022 and April 2023, according to the Southern African Fraud Prevention Service. The organisation’s Executive Director, Manie van Schalkwyk, said a 2021 Interpol report put South Africa at the top in Africa regarding cyber threats.



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