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Nasdaq CEO calls for national strategy amid $579B global fraud losses

By PulseAugur Editorial · [1 sources] ·

Nasdaq CEO Adena Friedman is advocating for a national strategy to combat escalating global fraud losses, which reached $579 billion in 2025. She proposes enhanced information sharing and collaboration among financial institutions, tech companies, telecom providers, and law enforcement to disrupt criminal activities. The increasing use of AI by criminals to scale and personalize attacks makes this coordinated approach essential, according to Nasdaq Verafin's Greg Williamson. AI

IMPACT AI is accelerating fraud, necessitating new national strategies for financial institutions and law enforcement.

RANK_REASON A CEO of a major financial market infrastructure company is proposing a significant national policy initiative. [lever_c_demoted from significant: ic=1 ai=0.4]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Nasdaq CEO calls for national strategy amid $579B global fraud losses

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A CEO of a major financial market infrastructure company is proposing a significant national policy initiative. [lever_c_demoted from significant: ic=1 ai=0.4]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sheryl Estrada ·

    Nasdaq CEO calls for a national strategy as global fraud losses reach $579B

    As AI helps criminals scale scams, Adena Friedman says financial institutions, tech companies and law enforcement need to work together to stop fraud.

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