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.

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