Industrialized Fraud: How AI Is Reshaping the Fraud Attack Landscape

Fraudology Podcast with Karisse Hendrick · Oct 22, 2026 · 42m

Welcome back to Fraudology.

I’m sharing the presentation I gave to open the Merchant Fraud Alliance conference in Chicago. It was a “where are we right now” look at the fraud attack landscape, and it grew out of a question I heard from merchants all through the conference. What is actually different about fraud today, and how much of it comes down to AI?

If you work in e-commerce fraud, you have probably felt the shift in your own numbers. Generative AI has changed who can attack, how quickly they can do it, and how well the attacks blend in with good customers. I walk through how AI fraud…