Why traditional security checks are failing in the age of AI-driven fraud
Artificial intelligence is reshaping the balance of power in security. Attackers are using AI to make deception look increasingly human while making fraud faster to execute, easier to scale and harder to detect. At the same time, security teams are turning to AI tools to identify and stop these threats.
Fraud is becoming more convincing, more sophisticated and more scalable, contributing to an estimated $9.5 trillion in global cybercrime damages each year. Attackers are bypassing traditional signals of legitimacy through deepfakes, synthetic identities and highly personalized phishing attempts.
There is no longer a single type of deepfake or attack variant. Each new generation of models improves on the last, and security controls must evolve to remain effective.
VP of Product Management at Mitek Systems.
Today, fraud has become more systematic. Rather than trying to break everything, attackers probe systems first, learn how defenses respond and focus on the weakest...
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