The Watchtower

The AI Fraud Risk Already Inside Your Company

Episode Summary

If you focus entirely on the external AI-fraud threat, you're going to get burned by what's already inside your organization.

Episode Notes

If you focus entirely on the external AI-fraud threat, you're going to get burned by what's already inside your organization.

AI is making external fraud more convincing - deepfake CEOs on service-desk calls, synthetic video, generative BEC. But the same tools also scale internal fraud, from fake invoices and fabricated expenses to ghost employees.

Mason Wilder, Research Director at the Association of Certified Fraud Examiners, joins Ash Hunt to unpack why it's never been easier to commit fraud, how organized crime is changing the landscape, and why the old walls between cybersecurity, fraud, and AML are starting to break down - and where companies should actually be investing to keep up.

Connect

Mason Wilder on LinkedIn

ACFE

ACFE Anti-Fraud Technology Benchmarking Report

ACFE Report to the Nations

Chapters

0:00 The AI Fraud Threat Inside Your Company
1:03 From Overnight SOC Shifts to the ACFE
2:56 Why Fraud Has Never Been Easier
4:55 What the 2026 AI-Fraud Survey Revealed
5:25 Why Only 7% Feel Prepared for AI-Powered Fraud
6:12 Why Cyber, Fraud, and AML Can't Stay Siloed
9:33 How Deepfake Fraud Started in 2018
11:54 From Social Engineering to Automated Attacks
13:41 Where Companies Should Invest Against AI Fraud
16:53 The Internal Fraud Risk Getting Overlooked
20:00 Why Internal Fraud Doesn't Go Away
22:52 Why Tips Still Catch 43% of Fraud
26:18 Turning Employees Into a Fraud Detection Layer
28:17 What Agent-to-Agent Fraud Changes
34:59 How Singapore Is Shifting Fraud Liability
37:11 What Deepfake Detection Really Looks Like
42:24 Why Cyber and Fraud Are Ultimately on the Same Team