Reporter's notebook: ITC Vegas 2024
Carpe Data presented a session on fraud detection at ITC Vegas 2024, featuring insights from The Hartford on AI-generated fake claims images.
Originally published by Digital Insurance on October 17, 2024.
Carpe Data presented a session titled "Data Foundations for End-to-End Fraud Detection" at the ITC Vegas 2024 conference, which took place October 15-17 under the theme "the universe of possibilities."
Matthew Murphy, Vice President of SIU Anti-Fraud Programs at The Hartford, spoke during the Carpe Data-presented session. Murphy warned that the sophistication of artificial intelligence will continue to improve over time, making fraud detection increasingly challenging for insurers.
Murphy cited specific examples of AI-generated fraudulent claims evidence he has encountered, including faked water damage photos and synthetic images of shingle damage from wind events. He cautioned that such AI-generated fake imagery "will be harder and harder to identify as time goes on, " underscoring the growing threat of synthetic fraud in insurance claims.
Read the full article at Digital Insurance.
Originally published at Digital Insurance.
Source
Originally published at Digital Insurance.
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