InfoNews
Apate sends AI agents undercover to get scammed so they can gather fraud intelligence
- Published
- Record updated
Summary
Apate.ai, a Sydney-based startup founded in 2024 out of Macquarie University research, deploys thousands of AI agents that pose as victims to engage scammers across calls, messages, email and social media. The company says its agents have wasted 17 years of scammers' time across 2.5 million conversations, and it passes the extracted details, such as bank accounts, crypto wallets, phone numbers and malicious websites, to customers including banks and telecoms for anti-fraud work.