For the past two years, scams have been constantly on the rise. Fueled by large language models and other AI-based technologies, they have become more prevalent and sophisticated than ever. Recent data shows that 25.5% of the global population has been defrauded, with losses surpassing a staggering $1.026 trillion – and that’s only as much as got reported. The scale of the problem is daunting – A Global Anti-Scam Alliance survey in 2023 on more than 49k respondents from 43 countries shows that 7
