The rise of generative AI is transforming the landscape of financial crime, with reports indicating that scammers are increasingly using AI-generated deepfakes and impersonation tactics. The FBI has noted a growing trend in the use of generative AI for committing fraud, particularly in real estate transactions where fraudsters impersonate agents and lenders. A recent survey revealed that 80% of security leaders prefer platform-based generative AI tools, with 63% willing to overhaul their security stack to implement these technologies. This shift reflects the urgent need for enhanced security measures as cybercriminals adapt their tactics, leveraging generative AI to scale operations and improve effectiveness. Cybersecurity professionals are calling for safer, specialized generative AI tools to combat these evolving threats, highlighting the pressing need for innovation in cybersecurity practices.