External fraud leaps into top five concerns among global banksBy Ellesheva Kissin
January 10, 2024
External fraud has joined the top five risks that banks are most concerned about, according to the world’s largest operational risk association.
A global survey by ORX in November has found that bankers are hugely worried about the increasing frequency of customer scamming as artificial intelligence pushes ...
Generative AI has contributed to the highest number of operational risk “incidents” since 2017, according to ORX. Data from the world’s largest operational risk association found that more sophisticated technology...Read more