Leveraging AI to Combat Fraud: Safeguarding Finance Against Bad AI
October 30, 2024
In the high-stakes world of finance, fraud is a $5.4 trillion problem, amplified by the rise of malicious AI. Our latest research, done in partnership with the Institute of Financial Operations and Leadership (IFOL), shows that 65% of finance professionals know someone affected by accounts payable fraud, with 17% regularly encountering fraud in their processes.
Read this report to learn about:
- Sophisticated attack tactics used by fraudsters.
- Vulnerabilities caused by human errors in data management
- The pivotal role of AI in detecting and neutralizing fraudulent activities.
- Practical insights to empower financial institutions in safeguarding their assets.
Trusted by Finance and Security Leaders
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
Trusted by Finance and Security Leaders
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
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