Financial Crime Weekly Special Episode: Conversation with Pedro Bizarro, Feedzai

Welcome to this special edition of the financial crime weekly podcast.

If you’ve been paying attention to the news this week, or at any time in the last two years, you can’t have failed to notice the cybersecurity landscape has officially crossed a terrifying new threshold. Google’s Threat Intelligence Group released a report confirming that generative AI has moved from a shiny new toy to a routine weapon for cybercriminals and nation-state actors.

For the very first time, researchers caught hackers using artificial intelligence to discover and weaponise a zero-day exploit, successfully bypassing two-factor authentication in a mass exploitation attempt. With AI-driven bot attacks surging from 2 million to a staggering 25 million incidents globally over the last year, the reality is clear: the bad guys are using AI to scale their attacks faster than humanly possible.

So, how do we fight back? We have to fight fire with fire.To help us understand how the good guys are weaponising AI for defence, I’m thrilled to welcome Pedro Bizarro to the show. Pedro is the Co-Founder and Chief Science Officer at Feedzai, a global leader in AI-driven fraud prevention and financial risk management. A true pioneer in the space, Pedro transitioned from a decade-long research career, armed with a Computer Science PhD from the University of Wisconsin-Madison, to building out Feedzai’s industry-leading RiskOps platform. He holds over 90 patent applications and has authored more than 100 scientific publications. Pedro, it is a critical time for this conversation….