Report: 46% of Indonesian businesses unprepared for AI-generated fraud despite risk knowledge

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The story "Report: 46% of Indonesian businesses unprepared for AI-generated fraud despite risk knowledge" was covered 11 hours ago by e27, a news publisher based in Singapore.

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Report: 46% of Indonesian businesses unprepared for AI-generated fraud despite risk knowledge - e27

Quick Summary:

A recent whitepaper from digital identity solutions provider VIDA revealed that 100 per cent of surveyed businesses in Indonesia are concerned about the growing threat of AI-generated fraud such as deepfakes.

However, 46 per cent of these businesses admit to having limited understanding of how this technology works, making them particularly vulnerable and less equipped to implement effective countermeasures.

Established in 2018, VIDA offers various digital identity services, including electronic signatures, multi-factor authentication, and verified identity solutions, all supported by electronic certificates.