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Also: the Pentagon-Anthropic AI Legal Showdown, the New Reality of Document FraudIn this week's panel, four ISMG editors discuss the cyber activity tied to the U.S.-Israel-Iran conflict, the Pentagon's standoff with AI firm Anthropic and a new report that reveals how document fraud reflects deeper weaknesses in verification systems.
Findings From WEF's 2026 Report Show Shifting Cyber Priorities as AI Reshapes RiskCyber-enabled fraud has overtaken ransomware as the top cybersecurity concern for CEOs heading into 2026, according to the World Economic Forum's Global Cybersecurity Outlook 2026, released ahead of the Davos meeting. AI is a top emerging technology affecting both cyber risk and cyber defense.
In its latest annual identity fraud report, Sumsub observed a “sophistication shift” in global fraud trends
At-Bay Cyber Insurance Claims Report Finds 83% of Financial Fraud Starts With EmailFinancial fraud remains the leading driver of cyberinsurance claims, with 83% of cases traced back to email-based attacks. Common tactics used to deceive employees include wiring funds to fraudulent accounts, generative AI-crafted emails, executive and vendor impersonation and BEC scams.
A UN report found that organized crime groups in the region have rapidly integrated malware, generative AI and deepfakes to enhance their fraud activities
Mitek surveyed 1500 financial services risk and innovation professionals in UK, US and Spain
BioCatch Survey Report Focuses on New AI-Based Risks and Fraud-Fighting SolutionsBanks are concerned about advancements in voice-cloning technology and the threat it poses to authentication. The failure of identity-centric solutions to combat synthetic identity fraud has convinced 91% of U.S. banks to reconsider their use of voice verification for major customers.
The US Treasury report sets out recommendations for financial institutions on addressing immediate AI-related operational risk, cybersecurity and fraud challenges
AI-powered tools are among the top fraud techniques used by threat actors in 2023, according to Sumsub’s third annual Identity Fraud Report
The use of AI in cybersecurity is growing rapidly and is having a significant impact on threat detection, incident response, fraud detection, and vulnerability management. According to a report by Juniper Research, the use of AI for fraud detection and prevention is expected to save businesses $11 billion annually by 2023. But how to integrate AI into business cybersecurity infrastructure