‘Extremely realistic’ | Beware the rise of the AI employee expense receipt scam

Artificial intelligence has made it easier than ever for employees to create fake expense receipts and defraud their employer, a cybersecurity expert has claimed.

Jake Moore, Global Cybersecurity Advisor for ESET, spoke to the Daily Mail about the rising scam activity, warning that chatbots can now create business receipts that are “scarily realistic.”

HR, payroll, or accounting & finance teams will typically ask staff to submit photo evidence of a receipt for a business expense before they approve the repayment.

By creating a fake receipt for a transaction for an expense that never happened, employees can claim back small amounts from their employer, unlikely to be identified by managers approving stacks of receipts.