Organizations face more AI-powered fraud attacks but privacy tools make detection harder

A new study from fraud prevention specialist Fingerprint finds 41 percent of over 300 fraud and technology leaders surveyed say their organizations are already facing AI-powered attacks. These sophisticated threats, which range from generative AI phishing schemes to automated bot attacks, are creating a significant operational crisis. According to the report, 93 percent of fraud teams have seen noticeable operational impacts, with 38 percent of organizations citing higher costs from manual review and triage as a top business concern. The B2B SaaS industry is especially vulnerable, with 62 percent of respondents reporting significant increases in manual processes. Interestingly privacy-first technologies… [Continue Reading]