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Our Scans · (FS.7.01) Fraud · Weekly Summary


  • [New] Generative AI could push U.S. fraud losses to $40 billion by 2027, up from $12.3 billion in 2023. TorchLight
  • [New] Generative AI fraud in the U.S. is expected to hit $40 billion by 2027, up from $12.3 billion in 2023, a compound annual growth rate of 32%. Bright Defense
  • [New] Taken together, the enforcement signals for 2026 are clear: Regulators will continue to pursue familiar fraud and abuse priorities, but with better data and more coordination across federal and state agencies. Medical Economics
  • [New] By 2026, the industry benchmark will transition from periodic reviews to real-time fraud detection and fully automated Suspicious Activity Report filing. Gemba
  • [New] Feedzai is an enterprise fraud platform, adopted by global banks and payment processors for real-time risk scoring and financial crime management. DataVisor, Inc.
  • [New] Agility remains one of the biggest challenges: most organizations still struggle to rapidly update fraud models, risk rules, or scoring logic when new attack patterns emerge. DataVisor, Inc.
  • [New] Nearly one in 10 (8%) of respondents say their organizations use agentic AI for fraud fighting, and nearly one-third more expect to deploy it by 2028 - the highest near-term adoption expectation of any emerging technology category examined. Security MEA
  • [New] More than half of respondents expect their organizations to increase their anti-fraud technology budgets over the next two years. Security MEA
  • The parallel risk: generative AI-enabled fraud losses are projected at $40 billion in the US by 2027 - nearly 3.3×2023's $12.3 billion. BusinessStats
  • Finance and banking fraud trends for 2026 are expected to include growing use of deepfakes and AI-generated documents that challenge the effectiveness of traditional identity verification systems. Sumsub
  • Sectors where user identity is crucial are particularly at risk, with the top-five industries most affected by identity fraud in 2025 and 2026 being dating, online media, financial services, crypto, and professional services. Sumsub
  • More than two-thirds of respondents expect more fraud attacks in 2026. BiometricUpdate.com
  • Deepfake threats are accelerating faster than current defences, with fraud attempts rising 2137% in three years, projected U.S. losses reaching $40 billion by 2027, and human detection accuracy falling to 24.5% for advanced fakes. Bright Defense
  • By 2026, 30% of enterprises will no longer rely solely on identity verification to prevent fraud. Bright Defense
  • AI-powered fraud is now 4.5 times more profitable than traditional schemes, Interpol has warned. AML Intelligence
  • Impersonation fraud now accounts for more than 85% of fraudulent attempts in some datasets, and AI-facilitated fraud losses in the US are projected to reach $40bn by 2027. RegTech Analyst
  • Financial losses to businesses due to deepfakes and AI fraud in the U.S. could reach $40 billion by 2027, up from $12.3 billion in 2023. Information Week
  • By 2026, AI-driven verification will filter out 99.8% of synthetic identity fraud. Gemba
  • Deepfake-driven social engineering already works at a professional level, fraud teams are almost entirely unprepared for it, and by 2026 every serious investigator who has not built deepfake-aware workflows will be systematically outmaneuvered. CaraComp
  • Federal prosecutors have already uncovered that the situation in Minnesota could surpass $9 billion in fraud with dozens of people already charged. cloud

Last updated: 05 May 2026



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