Strengthening defenses against AI fraud

Share This Post

– Kriti Bansal, vice president finance and accounting, AlphaPoint


Ask an Expert

Q. Can advisors work with AI to ensure clients are safe against fraud?

A.Yes, but AI should support advisors and not act as autonomous decision-maker. It can flag unusual wallet behavior, suspicious contracts, phishing patterns and risky approvals before damage happens. The biggest vulnerability today is granting AI agents direct, unmitigated wallet permission and this can turn the agent itself into a massive attack vector for social engineering or bad on-chain data.

Q. What security in real time looks like in the age of AI?

A. In the age of AI the real time security needs to be predictive and proactive and not reactive. Real-time security means warnings before signing, continuous wallet monitoring, instant alerts on abnormal activity and blocking risky approvals before funds can move.

Q. How can a money manager automate a defense layer that acts as a continuous threat monitor?

A.Money managers must move away from legacy externally owned wallets and transition to programmable smart accounts such as ERC-4337 or EIP-7702. This transition allows one to write automated, programmatic security guardrails directly at the account level. They can use automated monitoring for wallets, approvals, contract risks, transaction patterns and exposure limits, with human escalation for anything unusual.

Related Posts

Ex-US defense secretary calls CLARITY Act a ‘national security bill’

Former US Defense Secretary Mark Esper says the CLARITY...

Is Clarity's delay a blessing in disguise?: State of Crypto

The crypto industry is angry and disappointed that the...

Crypto is going through a massive dot-com style shakeout as over 100 projects fold in 2026

"There were way too many general-purpose layer twos, which...

Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze

“The order is intended to preserve identified stolen digital...

Bitcoin’s exploit week worsens as BTCPay flaw drains Lightning nodes

Citadel21, the bitcoin publication run by pseudonymous commentator hodlonaut,...

Bitcoin split after BIP-110 fails, the new chain stopped after two blocks

Bitcoin mining firm AntPool mined the first non-signaling block,...