Strengthen Your Business Against AI Fraud
Fraud involving artificial intelligence (AI) accounted for more than $893 million in reported losses in 2025, according to the FBI.* As criminals use AI to make their schemes more convincing and harder to detect, business leaders must understand these evolving threats and how to prepare their teams.
How Fraudsters Are Using AI to Get Sharper
What used to be obvious red flags, like awkward grammar or clunky visuals, can now look seamless and professional. That shift means old cues aren’t enough to rely on anymore:
- Fraudsters can now clone a person’s voice or face from short clips and use them to stage urgent video calls, impersonating executives, business partners or even loved ones.
- Phishing messages are no longer full of typos. AI-powered tools generate emails, texts and scripts with polished grammar, fluent translations and wording that feels authentic.
- Fake websites, IDs and even entire social media profiles can be created with AI-generated images and text, giving fraudsters a convincing online presence.
- Remote and hybrid work have expanded opportunities for fraud. Employees often log in from home networks and personal devices, giving way to more points of entry and making it easier for AI-generated calls or messages to appear credible.
- AI-generated receipts and invoices can make fictitious expenses or payment requests appear legitimate, making fraud harder to spot during routine financial reviews.
- AI can enable hiring fraud through fabricated credentials, AI-generated interview answers presented as the candidate’s own knowledge, and fake identities.
AI has lowered the barrier for carrying out fraud, making schemes more realistic and cost-effective. For businesses, this raises the stakes. Strengthening protections means adopting smarter security tools, building awareness among teams and staying ahead of the tricks fraudsters are perfecting.
Three Action Items Your Team Can Do Today to Raise the Barrier
Some of these measures may already be part of your current security procedures, but reinforcing them and tailoring them to counter AI-driven threats can make the difference between stopping a scam or falling victim to it:
- Verify requests beyond a familiar face or voice. Before acting on an unusual payment or sensitive-information request, verify it in person or by calling a previously verified phone number.
- Train your team to challenge unexpected voice or video calls, even if they appear to come from known contacts. Consider adopting a code word to disrupt voice-cloning scams by agreeing on a confidential word in advance and asking callers to provide it as an additional identity check.
- Run regular simulations to practice responding to AI impersonation. You might tailor training exercises to employees’ roles so they can practice verifying requests and reporting suspicious activity in situations they’re likely to encounter.
You may not be able to stop every fraud scheme, especially given how fast AI tools are evolving. But by tightening verification and training your team regularly to make sure your policies are tested for these enhanced schemes, you can greatly reduce risk and, in the event of an attack, detect and respond swiftly.
In addition to cybersecurity systems and processes, partnering with your bank’s Treasury Management team can help ensure you have the right safeguards in place to detect other types of fraud. No matter the size or sector of your business, you have tools available to protect your organization against evolving fraud tactics.
Enterprise Bank & Trust will never ask you for your password or your Security Access Code (SAC), a two-factor authentication code sent to your mobile phone when you log in to your online banking account.
