Visa (V.N), opens new tab prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior company figure said on Tuesday.
In 2025, cybercrime is projected to cost the world $10.5 trillion. If this were a nation’s gross domestic product, it would rank as the world’s third-largest economy, Charles Lobo, the Regional Risk Officer for Visa in Central and Eastern Europe, Middle East, and Africa told Reuters.
Source: REUTER
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