AI versus AI: the fraud landscape is changing for specialist lenders

Organised criminals are deploying AI faster than most lenders are defending against it. This session at the Finance Connect UK Summer Conference 2026 on Thursday 4th June 2026 examines the threat as it stands today, and what lenders need to do about it.

Interpol’s 2026 global financial fraud assessment found that AI-enhanced fraud is 4.5 times more profitable than traditional methods. Agentic AI systems can now plan and execute complete fraud campaigns autonomously — from reconnaissance to extraction — without human direction. Anthropic’s Project Glasswing, which restricted access to its Mythos model after it autonomously discovered thousands of zero-day software vulnerabilities, prompted an emergency meeting of the world’s largest bank chief executives and raised alarms among finance ministers at the IMF spring meetings.

For specialist lenders, the practical questions are urgent. What techniques are organised criminal networks using now, and what are they developing? How do existing fraud controls — built for a slower, more human-paced threat — hold up against AI-native attack methods? And as lenders themselves move towards AI operating models, what new vulnerabilities are they introducing, and how should governance and risk management adapt?

Learn what organised criminal networks are currently doing with AI, and what the near-term threat trajectory looks like for specialist lenders
Find out what the latest defensive tools can do, and where the gap between attack capability and detection capability currently sits
Explore the governance, culture, and risk management changes lenders need to make as they move towards native AI operating models

What you will take away

A clear picture of the current threat landscape; an understanding of where your existing fraud controls are most exposed; and practical guidance on defensive priorities as AI becomes central to both the attack and the response.

Panel:

Denisse Rudich, founder and executive director, Rudich Advisory — financial crime prevention specialist; associate fellow, Royal United Services Institute; helped establish the Global Coalition to Fight Financial Crime with Interpol and the World Economic Forum; valedictorian, FCA AI Lab Supercharged Academy; Innovate Finance Women in FinTech Powerlist 2025
Ian Robertson, executive director, Invigors (moderator)

Further panellists to be confirmed.

Find out more on the Finance Connect UK Summer Conference website.

Secure your place at https://afcconferenceuk.com/assetfinanceconnect2026/en/page/book-now