Among sectors vulnerable to AI-assisted fraud attacks, the financial industry is perhaps the ripest. With high-stakes remote transactions occurring at scale, increasingly involving AI agents, there are countless attack surfaces, and potentially massive payoffs.
At the FIDO Alliance’s Identity Policy Forum, a panel led by the Better Identity Coalition unpacks a paper it drafted with the American Bankers Association within the Financial Services Sector Coordinating Commission (FSSCC), focusing on the threat of generative AI to the financial services digital identity system.
