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

Answer rating: 100% (QA)

Artificial intelligence AI technology can indeed be both a potential fraud threat and a potential protector Lets explore these aspects 1 AI as a Fraud ... View the full answer