Artificial intelligence (AI) is revolutionizing various sectors globally, and Saudi Arabia's retail and e-commerce sectors are no exception. As the Kingdom strives to diversify its economy and embrace digital transformation, AI plays a critical role in shaping the future of shopping and
September 30, 2024Retailers are under siege from increasingly sophisticated fraudsters using AI to create synthetic identities. This burgeoning threat in the retail sector involves criminals exploiting stolen consumer data to fabricate identities or "franken-customers." These fake accounts can wreak havoc,
September 30, 2024The significant rise of retail fraud, particularly account takeover fraud, has been troubling online retailers in sectors such as fashion and luxury goods. Data from Cifas, the UK’s leading fraud prevention service, shows a staggering 142% increase in cases filed to the UK's National Fraud D
September 26, 2024The financial landscape is under constant threat from increasingly sophisticated fraud tactics. As technological advancements shape industries worldwide, the fraud detection technology sector is set to revolutionize financial security by 2032. This article delves into the transformative impact of
September 23, 2024The booming online casino industry has seen tremendous growth over recent years, becoming a preferred form of entertainment for millions worldwide. However, this growth also brings significant challenges, primarily in the form of security threats and fraudulent activities. Online casinos, once a
September 18, 2024The automotive industry is undergoing a significant digital transformation, particularly in its retail operations. As dealerships increasingly adopt online platforms to cater to consumer demands for digital services, cybersecurity has emerged as a paramount concern. Recent surveys, including one
September 10, 2024