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Cybercrime Increases
Small businesses, in particular, face a heightened vulnerability, as they often lack robust protections and have little margin to absorb losses caused by fraud and other illicit behavior.
Digital fraud is not confined to the industrial sector. Nearly every industry faces sophisticated attack strategies, including generative AI-driven scams.
These bad actors exploit vulnerabilities in digital systems, creating a significant threat across the business landscape.
According to a September 8 Bloomberg Report, a company called AOG Technics, created a fake history, bogus LinkedIn accounts, and stock photos of their non-existent employees to target buyers.
While digital tools such as booking platforms and real-time visibility solutions help manage supply chain logistics, they also open the door to new types of fraud.
Scammers can place false orders and make fake bookings using the same digital systems, amplifying their reach and impact.
