Hackers are now using AI agents to validate stolen credit cards, enhancing the sophistication of financial fraud. These tools simulate transactions, making it hard for security systems to detect fraudulent activities. Financial institutions are responding by investing in advanced AI-driven security measures to counteract this evolving threat, necessitating ongoing investment and international cooperation in cybersecurity.

ANZ businesses overestimate cyber readiness amid resilience gap – SecurityBrief Australia
Summarize this content to a maximum of 60 words: ANZ businesses overestimate cyber readiness amid resilience gap SecurityBrief Australia