When Systems Become the Target: The New Era of Fraud

“Fraud is no longer about convincing a human… it’s about feeding a system.” Fraud is evolving fast. No longer limited to fake documents or stolen identities, today’s attackers are targeting the very infrastructure designed to stop them, exploiting workflows, reverse engineering systems, and operating at machine speed. In this episode, we explore how fraud has shifted from human deception to system manipulation, and why traditional defences are struggling to keep up. Our special guest this week is Maikel Ninaber, Head of Risk and Resilience for EMEA at Mastercard. Drawing on his experience breaking into systems as an ethical hacker and now defending them at scale, he shares how modern fraud attacks are designed, tested, and deployed. From camera injection attacks and emulator farms to AI-driven fraud and reverse-engineered onboarding flows, this conversation reveals how criminal operations are becoming more structured, automated, and scalable. We also explore why layered defences, real-time detection, and cross-industry collaboration are critical, and what it takes for organizations to stay resilient in a world where fraud moves at machine speed. Subscribe to our channel: https://bit.ly/SubscribeToSumsubForEx... Sumsub is empowering compliance and anti-fraud teams to fight money laundering, terrorist financing, and online fraud. More about us: https://sumsub.com https://x.com/Sumsubcom   / sumsubcom     / sumsub