Introduction Australia is fast becoming a hotspot for AI-generated cybercrime. Risks that were once theoretical are now costing businesses millions, even as security teams deploy advanced analytics, AI, and new approaches to keep pace. Consider this case in 2024. A finance employee in Hong Kong wired US$25 million during what appeared to be a routine video call with the CFO and other colleagues. In reality, every other participant was an AI-generated deepfake, convincing enough to override the employee’s initial suspicion and only discovered after the funds had been transferred across 15 transactions. This isn’t a distant problem. In fact, the same techniques are already surfacing on our shores.  ...