Conversational AI: the new tool for catching fraudsters - Raconteur

Great Britain is the fraud capital of the world, according to a Daily Mail investigation published in June. The study calculated that 40 million adults have been targeted by scammers this year. In April, a reported £700m was lost to fraud, compared to an average of £200m per month in 2021. As well as using convincing ruses, scammers are increasingly sophisticated cybercriminals. If the UK does go into recession, as predicted, then the level of attacks is likely to increase even further.