As the Chief Information Security Officer for the Bank, Glenn Foster has a unique vantage point for seeing the types of cyber threats and scams that could hurt Canadians. Scams are becoming more sophisticated as fraudsters look to leverage new technologies, including generative artificial intelligence, to create convincing impersonations and deepfakes to trick their targets. Last year, the Canadian Anti-Fraud Centre received fraud reports totaling more than $554 million in losses, almost a 40 pe