AI Contributes to Surge in Cargo Theft and Freight Fraud
The International Union of Marine Insurance (IUMI) is raising the alarm over a significant surge in cargo theft and freight fraud across the global supply chains. Criminals, it says, are increasingly deploying digital tools, including artificial intelligence (AI), to perpetrate illegal schemes. The lobby group IUMI, together with the Transported Asset Protection Association (TAPA) EMEA, highlights that cargo theft has evolved to become a sophisticated criminal enterprise that is causing losses running into billions. Critically, the losses indicate that cargo...
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