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Bitdefender and ING Bank Romania have launched a pilot project called Honeycards to prevent online fraud. An AI agent conducts test purchases in suspicious online stores, while the bank verifies the merchant receiving the payment. Over eight months, the project identified 191 suspicious merchants and prevented fraudulent transactions worth over 121,000 lei for 404 customers. The AI system navigates online stores and makes controlled purchases using special cards, allowing for early detection of fraud. The initiative aims to enhance collaboration between cybersecurity firms and banks to protect consumers more effectively.
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