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I’m a cybersecurity CEO who advises over 9,000 agencies and Sam Altman is wrong that the AI fraud crisis is coming—it’s already here

Sam Germany recently warned that fraud in artificial intelligence will come “very soon”, and will break the systems we rely on to verify identity.

It really happens and not only comes to banks; It strikes every part of our government now.

Every week, fraud created by artificial intelligence is the travel of millions of general benefits, disaster relief funds and unemployment programs. Crime networks are already used Deepfakes, artificial identities, and large language models for outdated fraud defenses, including one -layer tools easily such as face recognition, and win.

We saw a glimpse of this during the epidemic, when the fraud rings took advantage of the state’s systems to steal hundreds of billions in the advantages of unemployment. People who wear masks were not only to overcome face recognition. Fake identities of artificial intelligence, vocal cloning, and forged documents were overwhelming systems to be detected. Today, these tactics are more advanced and fully automated.

I work with more than 9,000 agencies throughout the country. It also witnessed before the US House of Representatives twice this year, what we see in this field is clear. Fraud faster, cheaper and more developed ever. Organized crime groups, local and cross -national, use the Obstetrician ID to imitate identities, generate artificial documents, and our systems are immersed with fraudulent demands. They only steal from the government; They steal from the American people.

The Inspector General of Small Business Administration is now estimated that nearly $ 200 billion has been stolen from unemployment insurance programs that belong to the epidemic, which makes it one of the largest fraud losses in the history of the United States. Medicaid, IRS, Tanf, Chip and CARSTER programs face similar weaknesses. We have also seen this closely in our work alongside the American Secret Service that protects the American Ministry of Agriculture program Snap, which has become a buffet for those who are scattered with the stolen billions worldwide every month. In fact, in one day using artificial intelligence, one fraud can submit tens of thousands of fake claims across multiple cases, most of which will be processed automatically unless a mark is placed.

We have reached a turning point. As artificial intelligence continues to develop, the size and development of these attacks will increase. Just as the Moore law expected that the computing power will double every two years, we now live through a new type of Si growth. Gordon Moore, co -founder of Intel, described the trend originally in 1965, and he led contracts of innovation. I think we may soon get to know a principle similar to Amnesty International, which I call “ALTMAN”: every 180 days, the possibilities of artificial intelligence.

If we do not update our defenses at the same frequency of technological developments, we will be permanently superior.

What we need is more intelligent tools and infrastructure, not more bureaucracy.

This means applying an advanced identity, not just facial tests or passwords. This means the use of data in actual time, behavioral analyzes, and cross -ite jurisdiction tools that can mark abnormal cases before money comes out of the door. This also means reviving what has already succeeded: tools such as national accuracy clearing, which has placed a sign of billions of dollars in the demands of repeated advantages across the state lines before closing them.

Artificial intelligence is a double strength, but its weapon can be easily easily used for protection. Currently, criminals use better than we are. Until this changes, our most vulnerable systems and the people who depend on them will remain.

The opinions expressed in cutting comments Fortune.com are only the opinions of their authors and do not necessarily reflect opinions and beliefs luck.

2025-07-31 11:00:00

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