Fake news generated by artificial intelligence (AI) and spread on social media is increasing the risks of bank runs, according to a new British study. The study says that lenders must improve monitoring to detect when disinformation risks impacting customer behaviour.
Russian drone attack on Chernobyl sparks outrage, no radiation detectedFake news generated by artificial intelligence and spread on social media is increasing the risks of bank runs, according to a new British study.
Banks and regulators are increasingly concerned about the risks of bank runs fuelled by social media, following the collapse of Silicon Valley Bank in 2023, in which depositors withdrew $42 billion in 24 hours. "As AI is making disinformation campaigns easier, cheaper, quicker and more effective than ever before, the emerging risk to the financial sector is rapidly growing but often overlooked," the report said, noting that online and mobile banking meant people can move money in seconds.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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