From Siloes to Platforms: New Data on How Security Teams Are Closing the Fraud Gap

Fraud is increasingly sophisticated due to the rise of generative AI, which enables more personalized and rapid attacks, such as phishing and credential stuffing, leaving many organizations unprepared to counteract them effectively. A recent report by Twilio and Liminal highlights the necessity of integrating authentication and fraud prevention into a unified, adaptive defense strategy to address these evolving threats. Traditional methods, like multi-factor authentication, are proving insufficient, prompting businesses to adopt multi-signal scoring and probabilistic signals for enhanced detection. Organizations are increasingly investing in comprehensive platforms over siloed tools, aiming to streamline vendor management and improve fraud prevention, with an estimated $496 million in fraud loss savings reported by large banks using these advanced methods. This evolution towards layered, intelligence-driven defenses is essential for protecting both customers and businesses from the growing threat of AI-driven fraud.