For fraud and AML leaders, the solution isn’t choosing between technology and people, but rather empowering teams with the right technology. AI agents are the key to this transformation with the ability to supercharge fraud and AML teams across end-to-end workflows with human-in-the-loop control.
Remote work and remote hiring didn’t just change where people sit. They changed how trust is established.
As more business is transacted online, identity theft is increasingly a threat. From email spoofing to fake domains, cybercriminals are deploying sophisticated schemes around the world.
Fraud detection and cybersecurity have traditionally been separate disciplines. However, increasingly sophisticated attacks, especially those targeting APIs with malicious bots, demand a more integrated defense.
A Hong Kong deepfake scam that netted HK$200 million made use of a fake video conference with multiple company executives. The employee that was targeted reportedly did suspect fraud at first, but nevertheless ended up making a total of 15 bank transfers.
Some ecommerce sites may be unwittingly placing customer data at risk of exposure through forms that unintentionally collect PII without user consent. Here’s what retail security teams need to know about “leaky forms” and how to implement security policies that can protect customer data from this hazard.
Fraud Is Affecting US and Non-Western Markets Differently: What the US Can Do to Gain Consumer Trust
In the US, the uptick in fraud has decreased consumer trust in brands and the digital services they use. 36% of US consumers have experienced a combined share of online fraud and personal online breaches, and only 33% of consumers saying they can trust the digital services they use.
Mapping toxic combinations and implementing separation of duties rules doesn’t have to be a painful process. Strong, regularly maintained SOD controls can help organizations identify and remediate those toxic combinations in an efficient and straightforward manner, limiting the potential damage of fraud and identity-based attacks.
Researchers warn that financial institutions must innovate to prevent online payment fraud losses, which are expected to exceed $343 billion between 2023 and 2027.
As children spend more time online and engage with devices at an earlier age, it becomes a collective responsibility of parents, teachers, schools, governments, and businesses to help create a safer internet for children.










