The rise of artificial intelligence (AI), and the buzz surrounding it, has many companies embracing its benefits. But as the use of AI increases, so too do the opportunities for criminal activity. As with most new technologies, AI brings new opportunities for progress—while simultaneously providing criminals with new tools to commit malfeasance.

The growth of cryptocurrency, for example, has brought with it an innovative platform upon which to expand conventional frauds. And now, in addition to concerns about AI-powered cybersecurity breaches and deepfakes (with realistic AI-generated video and audio) for criminal purposes, there is also the  potential for using AI to commit traditional financial and white-collar crimes, such as insider trading, market manipulation, fraud, and spoofing.