Internal Audit Grapples with AI-Enabled Fraud: High Awareness, Low Preparedness

A new report from The IIA and AuditBoard reveals that while internal audit leaders are highly aware of the growing threat of AI-enabled fraud, only 40% feel adequately prepared to detect or respond to it. The survey of over 370 North American internal audit leaders highlights a critical 'readiness gap' and the urgent need for enhanced skills, technology, and collaboration to combat evolving AI-powered threats.