For the previous 20 years, fraud has cost economies around the world an average of 6.05 % of GDP. Furthermore, businesses have shown that cyber breaches have resulted in monetary losses ranging from 3 to 10% of their sales. In addition, it is anticipated that worldwide losses due to digital fraud will surpass $343 billion from 2023 to 2027. Morgan Stanley to maintain its position as a world leader in the business, JPMC has been utilizing AI for quite some
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