Question: When it comes to fraud, technology is a double-edged sword. It is both a potential threat and a potential protector (PWC Global Economic Crime &
When it comes to fraud, technology is a double-edged sword. It is both a potential threat and a potential protector (PWC Global Economic Crime & Fraud Survey, 2018).
Rather than hiding behind a mask to rob a bank, criminals are now hiding behind artificial intelligence to do their attack (Patterson, 2018).
Required:
Discuss how artificial intelligence (AI) technology can be a potential fraud threat and a potential protector at the same time. Include in your answer:
- A discussion of ONE type of computer crime in which AI could be used to attack accounting information systems
- A discussion of TWO ways AI could be used to mitigate fraud risks
- A discussion of the limitations of relying on technology to mitigate these risks
Please do not copy from other sources.
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