Beyond Deepfakes: Navigating Deeper AI Risk

AI is supercharging fraud and financial crime risk. The system-wide response from regulators and industry is picking up pace—but real resilience is still an inside job.  

In early 2024, we spoke to RTHK’s Money Talk about the rise of deepfake attacks. We were recently back on The Close to explore how AI-enabled crime has evolved: what we’re seeing now is a whole ecosystem, adapting at a rate few businesses are built to match.

We outline why regulatory and enforcement pushback is only part of the answer—and how the firms leading on AI-driven risk are tackling it earlier and deeper than crisis response. 

The key takeaways:

As a production tool, AI is now baseline. As a threat amplifier, it’s just getting started