Randlesham | Steven Schwartz - Why Most AI Security Solutions Fail to Prevent Fraud

Every few months, another company makes headlines for getting hacked. Customer data stolen, systems locked up, millions lost. The worst part? Most of these breaches trace back to the same problem - security systems that looked different on the surface but crumbled for the same reasons underneath. After a decade in fraud prevention, Steven Schwartz kept seeing this pattern repeat. Companies would stack up AI-powered security tools, thinking more layers meant better protection.
But they were missing something crucial: when all these tools share the same foundation, they share the same breaking point.