Artificial intelligence is the new tool of choice to fight fraud

The phrase "loose lips might sink ships" warned, on American wartime posters, of unguarded conversations during the Second World War. Now, 73 years on from Victory over Japan Day on September 2, 1945, the formal conclusion of that horrific epoch, a similarly sloppy attitude to cybersecurity in the workplace can torpedo organisations. A well-cast "phish" – a fraudulent attempt to hook sensitive data such as usernames, passwords and codes – is capable of inflicting fatal financial and repetitional damage. "Successful phishing attacks can sink companies as well as individuals," says Juliette Rizkallah, chief marketing officer at identity software organisation SailPoint, updating the famous idiom. Fraud is endemic in the digital age.