Too Long; Didn't Read
Cybercrime now costs the world $600 billion, or 0.8 percent of the global GDP. McAfee and the Center for Strategic and International Studies (CSIS) reveal that cybercrime now cost the world. Many events involve scams, fraud, and other human-driven activities rather than high-tech hacking or trojans. The question is, how does one combat this sort of thing? It can be achieved with the help of artificial intelligence (AI) and machine learning (ML) The Unseen Benefits of AI and ML tools make them ideal for fraud detection.