Procurement Magazine Sept W3 2026 | Page 108

AI IN PROCUREMENT“Bad actors innovate to exploit a system, and then organisations adjust the system to detect and prevent the exploitgoing forward”

Greg Henderson Senior Director of Risk, Fraud and Compliance Solutions SAS
While there are certainly benefits to the use of AI in fraud detection, the technology can be a double-edged sword used to detect but also commit fraud.“ Organised and systemic exploits are on the rise. This is due, in part, to bad actors leveraging new technology, including AI, to continually develop and deploy new exploits,” says Greg.
“ This has always been the evolution and likely always will be. Bad actors innovate to exploit a system, and then organisations adjust the system to detect and prevent the exploit going forward.” Fortunately, AI can provide many effective tools to combat emerging threats.
108 September 2026