Microsoft reveals $4 Billion in thwarted fraud

Self -powered frauds develop rapidly as Internet criminals use new techniques to target victims, according to the recent Microsoft Microsoft Signctions report.

Over the past year, the technology giant says it prevented $ 4 billion from fraud attempts, which has banned about 1.6 million attempts to record a robot every hour-which indicates the scale of this increasing threat.

The ninth version of the Microsoft Cyber ​​Signals report, titled “Deception that supports artificial intelligence: emerging fraud threats and counter measures”, reveals how artificial intelligence reduced the technical barriers facing electronic creams, allowing even low -skilled actors to generate minimalized professional devices.

What took the days of the fraudsters or weeks to create can now be done in minutes.

The democratic character is a shift in the criminal scene that affects consumers and companies worldwide.

The development of improved electronic fraud AI

The Microsoft report highlights how artificial intelligence tools now survey and heal on the Internet to get the company’s information, helping Internet criminals to build detailed profiles for the potential targets of very social engineering attacks.

Bad actors can attract victims to complex fraud plans using the AI’s fake product reviews and stores created from artificial intelligence, which come complete with the history of manufacturers and customer certificates.

According to Kelly Bisel, the Vice president of the Fraud and Micromosome use of products in Microsoft Security, the threat numbers continue to increase. “Electronic crimes represent a trillion dollar problem, and it rises every thirty years every year,” according to the report.

“I think we have a chance today to adopt artificial intelligence faster so that we can discover the gap in quickly and close it. We now have Amnesty International that can make a wide difference and help us build security and fraud in our products faster.”

The Microsoft Anti-Fraud team states that fraud attacks operating in the world, with a large activity from China and Europe-especially Germany, due to its position as one of the largest e-commerce markets in the European Union.

The report indicates that the more the largest digital market is, the greater the possibility of a proportional degree of attempts.

E -commerce and fraud operations

Two in particular with regard to improved fraud fields of artificial intelligence, including e -commerce and functionality.

The sites often simulate legitimate works, using the descriptions of the product created from artificial intelligence, pictures, and customer reviews to deceive consumer to believe that they interact with real traders.

Adding another layer of deception, Chatbots can interact to the behavior of customer -working customers with customers, delay the recovery processes through the position with text excuses, and manipulate complaints with responses generated by artificial intelligence that make fraud sites appear professional.

Those looking for action are equal. According to the report, the Improvised IQ made much easier for fraudsters to create fake lists on various employment platforms. Criminals generate fake profiles with stolen credentials, publish fake functions with automatically created descriptions, and on behalf of the acting email campaigns to phish job seekers.

AI and automatic emails reinforce the credibility of these fraud, which makes it difficult to determine. “The fraudsters often ask personal information, such as CVs or even details of the bank account, under the curtain of checking the applicant’s information,” the report says.

Red flags include unwanted job offers, payment and communication requests through unofficial platforms such as text messages or WhatsApp.

Microsoft anti -fraud measures

To combat emerging threats, Microsoft says it has carried out a multi -side approach through its products and services. Microsoft Defender for Cloud provides threats to AZURE resources, while Microsoft Edge, like many browsers, features typographical protection on the website and domain imitation protection. The Microsoft Edge report is noted that it is the use of deep learning technology to help users avoid fraudulent websites.

The company has also strengthened Windows Quick Assist with warning messages to alert users about possible fraud for technical support before they are given access to someone claiming to support IT. Microsoft is now banning 4,415 highly suspicious contact attempts daily.

Microsoft has also introduced a new policy of preventing fraud as part of its safe future initiative (SFI). As of January 2025, Microsoft Product Teams must make evaluation of fraud and implement fraud controls as part of their design process, ensuring that the products are “resistant to fraud by design”.

With the continued development in the operations of Amnesty International, consumer awareness is still important. Microsoft advises users to beware of urgency tactics, verify the legitimacy of the site before conducting purchases, and not providing personal or financial information to unlimited sources.

For institutions, the implementation of multi -factor authentication and the spread of Deepfake detection algorithms can help relieve risk.

See also: Wozniak warns artificial intelligence

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