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The phone rings and it is a relative or friend's voice on the line.  There has been an accident, they say, and they need money urgently.  It is not really them, as technology has copied their voice.  For years, artificial intelligence and cybersecurity concerns have focused on corporate networks and government systems.  Those threats remain real, but the FBI's fraud data shows that huge sums are now being lost from household accounts.[1]

The FBI's 2025 Internet Crime Complaint Center (IC3) Repor

After years of quiet escalation, business leaders are finally beginning to grasp just how serious the threat of fraud has become. Today, nearly half of all fraud attempts (41%) now involve artificial intelligence.  Nowhere is this more evident than in the payments industry.  Fraudsters can use AI to generate convincing fake invoices, purchase orders, and payment instructions that mirror legitimate business documents.  I’ve seen examples that are indistinguishable from the real thing, which is a