Netsafe tackles $257m cyber crime problem, with AI weapon against scammers

Netsafe, New Zealand’s independent online safety organisation, is today announcing an innovative approach to fighting back against scammers; Re:scam.  The  new  artificially  intelligent  (AI)  email  assistant  comes  at  a  critical  time  with cybercrime having  cost  New  Zealand  almost  $257m  in  the  past  year,  according  to industry body APWG.  Given that 70 per cent of the New Zealand businesses that have experienced a cyberattack have fallen victim to an email scam, Re:scam has been designed specifically with phishing in mind. Re:scam works by occupying the time and resources of scammers through…

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