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All issuesVolume 326, Issue 4IT NewsSecurity

How CISOs Can Regain Ground In The AI Fraud War

HelpNet Security, Thursday, May 29th, 2025

Fraudsters are winning the AI arms race, first-party fraud is rising, and siloed systems are holding back defenses, according to DataVisor.

Their 2025 Fraud & AML Executive Report, based on surveys of banks, fintechs, credit unions, and digital platforms, outlines clear signals for CISOs trying to build resilient, forward-looking strategies.

Fraudsters have the upper hand

The most urgent issue? Criminals are using AI better than most organizations. Three in four respondents said fraudsters currently have the edge with generative AI, using it for deepfake scams, synthetic identities, and coordinated phishing. Only 12.5% of participants believe legitimate organizations benefit more than bad actors right now.

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