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23 Apr 20266 Dhuʻl-Qiʻdah 1447 AH
The UAE and Saudi Arabia strengthen AI-led fraud prevention strategies

The UAE and Saudi Arabia strengthen AI-led fraud prevention strategies

A new report from ACFE and SAS reveals that only 7% of anti-fraud professionals feel their organizations are adequately prepared to combat AI-driven fraud. Criminals are leveraging AI tools to escalate scams, necessitating stronger defenses from organizations. The report, based on a survey of 713 fraud fighters, indicates that AI-powered threats are not on the horizon; they are already here and accelerating. John Gill, President of ACFE, emphasizes that organizations failing to bolster their defenses risk becoming larger targets.

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