Visa consulting and analytics highlights a sharp rise in cyberattacks targeting the payments ecosystem, driven by AI-enhanced tactics like deepfakes, adaptive malware and e-skimming. Losses from internet fraud in the U.S. alone neared $34 billion between 2020 and 2023. The report urges businesses to rethink cybersecurity, emphasizing zero-trust frameworks, employee training and AI-driven defenses as essential to safeguarding payment systems.