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Navigating the new frontier of AI-enabled fraud
March 18 @ 2:00 pm – 3:30 pm EDT
Description:
As Artificial Intelligence rapidly reshapes core business processes, it presents a dual-use dilemma: increasing operational efficiency while simultaneously empowering fraudsters with sophisticated, large-scale techniques. This webinar explores the evolving risk landscape, where internal audit faces a critical imperative to assess emerging threats.
Through a detailed anatomy of an eight-figure loss, we will analyze the “7 components of sophisticated attacks,” including deepfakes, “code of silence” NDAs, and the spoofing of legitimate tools like DocuSign. We will also examine current industry data revealing a significant readiness gap, where 88% of leaders cite AI-powered phishing as a primary concern, yet only 36% feel prepared to combat it.
Attendees will gain a strategic roadmap for mitigation, focusing on bespoke simulations for high-risk groups, “secondary channel” verification protocols, and AI-enhanced technical controls. Join us to learn how internal audit can move beyond assessing control weaknesses to leading AI-related incident investigations and organizational alignment.
Learning objectives:
- Evaluate the new AI threat landscape: Deconstruct the “dual-use dilemma” in which AI increases efficiency and enables sophisticated attack vectors, such as deepfakes, fingerprinting, and the “code of silence”.
- Analyze real-world Breach Anatomy: Examine case studies of eight-figure losses to identify missed opportunities where professional curiosity and stakeholder involvement could have disrupted the attack chain.
- Address the readiness and awareness gap: Identify critical barriers to defense, such as a lack of staff expertise, and understand why greater technical familiarity often leads to a higher perceived risk.
- Implement a strategic mitigation roadmap: Deploy a multi-layered defense strategy, including bespoke simulations, “secondary channel” verification protocols, and AI-enhanced technical controls.
CPE credit(s): 1 NASBA CPE upon live viewing and participation in polls. CPEs not offered for on-demand.
Field of study: Auditing
Instructional delivery method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced preparation: None
*Click here for more CPE information.
