Subj : UK government says a new AI tool helped it recover almost 500 mil To : All From : TechnologyDaily Date : Fri Sep 26 2025 00:30:09 UK government says a new AI tool helped it recover almost 500 million in fraud losses - and now it's going global Date: Thu, 25 Sep 2025 23:27:00 +0000 Description: UK government says its new AI fraud detection system helped recover 480 million in lost revenue in just one year. FULL STORY ======================================================================AI fraud detection system helped UK government recover record 480m in one year It targeted Bounce Back Loan fraud and prevented thousands of suspicious firms from dissolving Civil liberties campaigners warn against growing use of AI in government The UK government says a new artificial intelligence system has helped its anti-fraud teams recover almost 500 million over the past year, the largest amount ever reclaimed in a 12-month period. The Cabinet Office put the total reclaimed between April 2024 and April 2025 at 480m. Of that figure, around 186m related to fraudulent activity tied to the Covid pandemic, when support schemes such as the Bounce Back Loan programme were introduced at speed. Worth up to 50,000 each, those loans were supposed to help companies struggling as a result of lockdown, but they were widely criticized for being given out without proper checks. Stopping scammers and swindlers The BBC reports ministers now plan to put the savings into frontline services such as health, education and policing. The new AI system, called the Fraud Risk Assessment Accelerator, helped officials prevent thousands of firms with suspect loans from dissolving to avoid repayment. The tool, which was developed by government researchers, can review proposed policies and spot weak points before they are taken advantage of. Cabinet Office minister Josh Simons is expected to announce the recovery figures at an anti-fraud summit co-hosted by the UK, the US, Canada and Australia. He said the government wanted to stop scammers and swindlers from draining public funds. The BBC reports that following its successful outcome, the tool will be licensed internationally, with countries including the US, Canada, Australia and New Zealand expected to make use of it. Not everyone will be thrilled about the Fraud Risk Assessment Accelerators involvement in recovering fraudulently claimed funds. Plenty of people are worried about the increasing use of AI tools in government and claims of bias and unfair outcomes were raised by civil liberties groups last year after similar technology was used to check welfare claims. You might also like AI and the Future of Law Enforcement: the risks of perfectly enforcing imperfect laws Experts "deeply concerned" by the EU plan to weaken encryption Major police operation takes down notorious dark web Archetyp Market ====================================================================== Link to news story: https://www.techradar.com/pro/security/uk-government-says-a-new-ai-tool-helped -it-recover-almost-gbp500-million-in-fraud-losses-and-now-its-going-global --- Mystic BBS v1.12 A49 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .