E-commerce is “boosted” by AI ?

Case Background In the world of livestreaming e-commerce, false prosperity has become a concern. Consumers report that popular items in livestream rooms often have questionable quality, and some rooms artificially inflate traffic and positive reviews, misleading buyers. Media investigations reveal abnormal data spikes, where viewership surges within minutes, inundating chat with irrelevant information. Insiders suggest...

Frauds in Singapore E-commerce

Case Background Singapore’s thriving e-commerce landscape is not without its challenges. Let’s delve into the risks that both platforms and consumers encounter: Scalping Risks: Scalping, a common phenomenon, robs consumers of welfare benefits. Criminals exploit loopholes and preferential policies to register multiple accounts or use automated tools for improper discounts. Past severe scalping attacks have...

Unmasking Insurance Fraud: AI as a Double-Edged Sword

Case Background In New Jersey, insurance fraud ranks as the second-largest white-collar non-violent crime, trailing only tax evasion. Shockingly, insurancefraud.org’s latest report reveals that insurance fraud accounts for a staggering $308.6 billion annually, driving up insurance costs and burdening policyholders. The report shows 9% of respondents don’t view insurance fraud as a wrongdoing; they see...

Deepfake Pornography Threatens 60% of UK Women

Case Background In recent years, there has been a 900% surge in online-provided deepfake videos, as highlighted by a KPMG report. These AI-generated manipulations pose significant risks: 1) Pornographic Content Dominates: Among 95,820 deepfake videos, 98% fall into the pornographic category. Women are disproportionately targeted, with many featuring entertainment industry figures; 2) Women at Risk:...

Deepfake Job Scams: A Growing Threat?

Case Background In July 2022, the U.S. Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) issued a warning about scammers using “Deepfake” technology to impersonate job seekers during remote interviews. These fraudsters aim to defraud companies, steal payroll, and pilfer trade secrets. How does the scammer impersonating job seeker? 1) Fake Job Postings: Scammers...

Bank of Guizhou 貴州銀行 (stock code: 6199.HK) adopting AISecurius, becoming the First HKEX-listed financial institution from Guizhou Province

Case Background In 2019, Bank of Guizhou Co., LTD 貴州銀行 ("Bank of Guizhou", stock code: 6199.HK) was successfully listed on the main board of the Hong Kong Stock Exchange (HKEX), becoming the first HKEX-listed financial institution from Guizhou Province. As the sole city commercial bank established under the auspices of the Guizhou Provincial Government, the...

Scroll to top
Close Bitnami banner
Bitnami