More than 67,735 online scam cases were reported in Malaysia in 2025 alone, with losses reaching roughly RM3 billion. <br /><br />In 2026, AI-powered fraud is adding to the complexity of digital financial crimes.<br /><br />From cloned executive voices and deepfake video calls to synthetic identities and highly targeted payment scams, cybercriminals are using generative AI to exploit the weakest link in any system — human trust.<br /><br />Tehmina Kaoosji speaks to Krishna Rajagopal, CEO of AKATI Sekurity, on why AI fraud is becoming a major boardroom, governance and financial-risk issue for Malaysian businesses — and what companies need to do before legacy security systems become obsolete.<br />
