Reports

Leveraging AI to Combat Fraud: Safeguarding Finance Against Bad AI

In the high-stakes world of finance, fraud is a $5.4 trillion problem, amplified by the rise of malicious AI. Our latest research, done in partnership with the Institute of Financial Operations and Leadership (IFOL), shows that 65% of finance professionals know someone affected by accounts payable fraud, with 17% regularly encountering fraud in their processes.
Read this report to learn about:
  • Sophisticated attack tactics used by fraudsters.
  • Vulnerabilities caused by human errors in data management
  • The pivotal role of AI in detecting and neutralizing fraudulent activities.
  • Practical insights to empower financial institutions in safeguarding their assets.
image of the IFOL report: Good AI vs. Bad AI