AI can do what now?! - Detecting financial fraud with Elastic Security
Financial fraud is increasingly cyber-enabled, requiring organizations to detect complex campaigns across transactions, identities, and digital systems faster and with greater accuracy.
Join cybersecurity experts Lisa Jones-Huff and Joe Murin as they discuss how Elastic Security applies AI, machine learning, and generative AI to modern fraud detection. They’ll share how Elastic Security helps teams connect signals, reduce noise, accelerate investigations, and scale fraud prevention through emerging frameworks and standards across financial services organizations.
00:00 – Financial fraud detection and AI
00:16 – Why are security teams talking about financial fraud?
00:56 – How are fraud and security teams similar?
01:38 – Why partnering with data owners is critical
02:52 – What shared challenges do fraud and security teams face?
03:34 – How does AI help with financial data onboarding?
04:50 – How does Elastic use machine learning for fraud detection?
06:03 – How Elastic uses ML to help detect unknown fraud patterns
06:47 – How does generative AI improve fraud investigations?
08:18 – How are known fraud threats detected?
09:45 – Why should fraud and security teams work together?
10:24 – Why data schema and normalization matter
11:48 – What’s next for financial fraud detection frameworks?
13:18 – Why industry standards will shape the future of fraud detection
Additional resources:
Strengthen fraud detection using AI (https://www.elastic.co/blog/elastic-ai-fraud-detection-financial-services)
Accelerate fraud detection and prevention (https://www.elastic.co/accelerate-fraud-detection-and-prevention-with-elastic)
AI in financial services (https://www.elastic.co/industries/financial-services)
#AIcybersecurity #securityAI #finanicalfraud #aifrauddetection #finserv #elasticsecurity
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About Elastic
Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale. Elastic’s solutions for search, observability, and security are built on the Elastic Search AI Platform — the development platform used by thousands of companies, including more than 50% of the Fortune 500.
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