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ThreatMark launched ScamFlag, a Generative AI-powered solution designed to protect digital banks and their customers from the scams and social engineering attacks. Seamlessly integrating into existing digital banking applications, ScamFlag enables financial institutions to provide their customers with scam detection capabilities without requiring separate app downloads or complex setup. The announcement comes as global fraud losses reached a staggering $486 billion in 2023, with more than 70% attributed to scams that trick legitimate users into … More → The post ThreatMark offers protection against social engineering attacks and scams appeared first on Help Net Security.
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