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AI is making it easier to commit financial crimes, so the IRS is overhauling its tech after finding $21 billion in fraud in just two years

As the nature of financial crime changes, with technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm —IRS Criminal Investigation— is announcing a new program intended to improve how it interacts with financial institutions. Called Feedback in Response to Strategic Threat —or CI-FIRST— the program unveiled Friday is intended to speed up … Read more

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