Fraud-as-a-Service: GenAI and the Sophisticated Tools Used by Fraudsters
Eduardo Pires from Incognia and Guilherme Tong from FREENOW share the latest malware and technological tools used by fraudsters to perpetrate large-scale fraud and dig into how each of these software functions, the primary challenges faced thus far, upcoming trends in fraud, and, most importantly, how institutions can defend themselves against these large-scale attacks.
The session discusses deepfakes, app cloners, emulators, virtualizers, image injection, and their impacts on fraud techniques such as fake accounts, voucher abuse, refund abuse, and identity fraud.
