Egyptian Streets

How AI Is Fueling Fraud at an Unprecedented Pace (opens in new tab)

Egypt is the second most ransomware-targeted country in Africa, accounting for 13 percent of all cyberattacks on the continent. As of 2025, the nation loses an estimated USD 4 billion (EGP 207.52 billion) to cybercrime every year, according to Interpol’s Africa Cyberthreat Assessment Report 2025. Such statistics might have seemed troubling before artificial intelligence (AI) entered the picture. Currently, with AI tools, scams are faster, cheaper, and nearly impossible to detect. The threat h...

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