BioCatch survey: 80% of banks have faced agentic AI attacks

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A BioCatch survey of 1,440 banking fraud management, AML, and risk and compliance professionals across 25 countries found that 80% of respondents said their organizations had faced agentic AI attacks. 84% of respondents believe AI agents will be the financial industry's most exploitable vulnerability over the next year, while 72% expect it to be difficult to distinguish legitimate AI-assisted actions from malicious or manipulated activity. BioCatch's new AiRE capability can identify AI agents acting on behalf of customers or at the direction of malicious actors before funds are transferred.