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An AI paid a phony $50K invoice and now the money is gone?
AI's controlling the checkbook? It was reported and rumored that recently that a mid-sized consulting firm’s AI assistant processed what seemed like a routine vendor payment request. The email looked legitimate, the amounts matched previous invoices, and the AI even cross-referenced the vendor database, which is a standard procedure to ensure the authenticity of the transaction. The AI's algorithms were designed to verify the sender's identity and validate the request against
Oct 312 min read
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