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ASIC Removes Over 19,400 Scams as AI Deepfakes Target Investors

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The Australian Securities and Investments Commission ( ASIC ) removed more than 19,400 online scams in fiscal 2026, up 182% year over year, it said today (Monday). It warned that generative AI lets criminals build linked fake endorsements,…

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Finance Magnates 1h ago

ASIC Removes Over 19,400 Scams as AI Deepfakes Target Investors

The Australian Securities and Investments Commission ( ASIC ) removed more than 19,400 online scams in fiscal 2026, up 182% year over year, it said today (Monday). It warned that generative AI lets criminals build linked fake endorsements,…