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We don't have to be afraid to use new technologies since bad people exist at all times and we always defeat them. The race will be won by the government. #saschat #ifaw
Collaboration is key. Across public and private sectors. Fraudsters don't operate in silos, and we can't either if we want to stay ahead of them. #saschat #IFAW
Great discussion today #SASchat team! What final thoughts would each of you like to share before we close up this chat on on #Fraud & #AML Trends for 2024?
A5: Utilizing detection capabilities trained against #GenAI is the exciting frontier. Being able to rapidly detect the hallmarks of records and submissions created by #AI to commit #fraud will be a critical line of defense. #saschat #IFAW #Fraudweek
A5. Data driven anomaly detection! The only way to catch the signals in the data early will be to get ahead of the data stream! #IFAW #SASChat #Fraud #SAS #Healthcare
Q5: What tech-driven #fraud busting capabilities are you most looking forward to implementing? #SASchat #IFAW #FraudWeek
Q5: What tech-driven #fraud busting capabilities are you most looking forward to implementing? #SASchat #IFAW #FraudWeek
A4: Banks will be a critical line of defense. Identifying money flows from criminal gangs committing #fraud at scale against #government programs is needed to stem the tide. These flows start with real money, not #crypto, so it will touch the banking system. #IFAW #saschat
A4 It underscores the need for public and private sectors to collaborate as a united front against criminal enterprises. #Fraud is endemic in our society and many view it as victimless – so it’s all our responsibility to work together to eliminate it #SASchat #SAS #IFAW
Q4: How will public sector ID frauds influence measures necessary for banks, insurers, healthcare providers? #SASchat #IFAW #FraudWeek
A4. Everything we do should begin to require confirmed ID, Voting, Bank Transactions, doctor visits, ID theft and deep fake technology will only make this harder and more important. #IFAW #SASChat #Fraud #SAS #Healthcare
Q4: How will public sector ID frauds influence measures necessary for banks, insurers, healthcare providers? #SASchat #IFAW #FraudWeek
A3 #AI to fight #AI 🔥. You don’t build a moat around the castle and leave a foot path to the backdoor. How many ways are there into your business? Does it make sense to have the best #machinelearning, #patternrecognition, or #dataanalysis at one entry point? #SASchat #SAS #IFAW
Q3: Why will orchestration and enterprise decisioning attract more attention? #SASchat #IFAW #FraudWeek
Q3: Why will orchestration and enterprise decisioning attract more attention? #SASchat #IFAW #FraudWeek
A2: It is and will continue to be a part of people's everyday lives in a positive sense, but also in a negative one where even more will be genuine fake, we will need to have more and more healthy mistrust, which is not good for mental health.#saschat #ifaw #fraud
A2: #GenAI is going to explode the rate of #fraud attacks, as well as ramp up the level of sophistication. Combine publicly trained models, plus private training on data from previous #databreaches and #identitytheft, and you’ve hit the motherlode. #saschat #IFAW #fraudweek
A1: AI has been used to make the lives of decent people easier, but we have observed the use of AI for deep fake in identity, video, and voice to exploit honest people, as well as the development of fake documents to avoid tax rules or to obtain improper benefits. #saschat #ifaw
A1: Swiss Re reports the global protection gap has now reached $1.8 trillion, an all-time high, and 43% of risks are uninsured. #SASchat #SAS #IFAW
A1. a. The use of GAI to produce fraudulent evidence to obfuscate crime. Also, what was old will be new again! #IFAW #SASChat #Fraud #SAS #Healthcare
Hello, my fraud fighting friends. This is Ellen Roberson with SAS and I am tuning in from Ocean Isle Beach, NC #SASChat #fraudweek
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