60% of financial professionals recognise voice cloning as a major concern.

More than 50% of fraud is driven by artificial intelligence and hyper-realistic impersonations.

13% of hacktivist attacks in 2024 targeted financial services.

70%+ of financial services firms have formal AI usage policies.

50% of financial services firms don't factor AI capabilities into vendor evaluations

65% of financial services firms cite data protection as the primary barrier to AI adoption.

47% of financial services firms take a "learn as I go" approach to AI education.

71% of financial services firms noted data protection concerns are driven by the volume of sensitive data required to support AI models.

51% of financial services firms block open-access AI tools entirely.

Only 9% of financial services firms have adopted more advanced "automated regulatory intelligence" platforms.

43% of financial services firms are concerned about bias in AI-generated outputs.

Over 60% of financial services firms anticipate using more sophisticated AI tools by 2030.

Closed-source AI (e.g., Gemini) is more popular (41%) than open-source (e.g., ChatGPT at 32%) with financial services firms.

52% of financial services firms report using preliminary AI tools for tasks such as information retrieval and data enrichment.

88% of organisations in financial services saw their apps attacked.

88% of organisations in financial services saw their apps attacked.

Only 38% of financial services professionals are "very confident" in their financial compliance program's ability to detect emerging geopolitical threats.

54% of financial and professional services organisations use AI for network analysis.

While 37% of financial and professional services organizations peform sanctions screening entirely in-house, using a third party (34%) and hybrid approach (28%) are becoming increasingly common.

44% of financial and professional services organisations use AI for identifying risk signals.