Technology News

Generative AI Drives Surge in Fraud, Accelerating $400 Billion Global Cybercrime

July 11, 2026Diego Herrera1 мин

New research underscores a concerning trend: generative artificial intelligence is proving to be a powerful tool for fraudsters, making their illicit activities both faster and more scalable. This advancement is effectively transforming cybercrime into an escalating global issue, now estimated to cost the world economy a staggering $400 billion annually.