The Financial Cost of Agentic AI Fraud
The $40 Billion Threat That’s Just Getting Started In April 2025, a coordinated cyber attack hit Australia’s largest pension funds. Cybercriminals used stolen credentials to access retirement accounts at AustralianSuper, Rest, Hostplus and others — draining AUD $500,000 from four members in a matter of hours. The attack wasn’t sophisticated. It was credential stuffing: automated … Continued