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How can businesses stay ahead of the rapidly evolving risks of AI-driven fraud? In this episode of Tech Talks Daily, I sit down with Bradley Niedzielski, Audit & Assurance Partner, Digital Transformation at Deloitte, to explore the growing threat of generative AI in financial fraud and how organizations can strengthen their defenses. With deepfake technology, synthetic identities, and AI-generated forgeries becoming more sophisticated, traditional fraud detection methods are struggling to keep up. Deloitte projects that AI-driven fraud losses in the U.S. could reach $40 billion by 2027—more than tripling from 2023. Bradley shares insights from Deloitte’s latest research, including a startling statistic: over 25% of businesses have already faced a deepfake financial fraud attack, and more than half expect these threats to escalate within the next year. Despite this growing concern, only 7.4% of companies prioritize technology as their primary defense, and less than half feel confident in their ability to c