Internal Auditors Unprepared for AI Fraud: New Report Reveals Significant Readiness Gap

A new report highlights that while internal audit leaders recognize AI-enabled fraud as a growing risk, only 40% feel adequately prepared to detect or respond to it. This 'readiness gap' underscores an urgent need for internal audit functions to prioritize skills development, resource allocation, and cross-functional collaboration to address evolving AI threats effectively.

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