Infobip Report: APAC Businesses Scaling AI Defenses Against Fraud

Infobip, a global cloud communications platform, has released a report showing that fraudsters are using AI to send more harmful messages and attacks.

This has led to a 77% increase in detected threats.

However, businesses are fighting back by using AI to detect and stop fraud.

The use of AI-powered fraud detection grew by 71%, and pattern-based detection increased by 105%.

In the Asia Pacific region, businesses are facing a complex fraud environment, especially with mobile-first banking.

Some countries are introducing stronger authentication requirements to combat fraud.

For example, PLDT Enterprise used Infobip's technology to block over 1.3 billion spam and fraud attempts, improving network security.