Adversaries are poised to leverage AI-enabled technologies to evade sanctions and facilitate proliferation financing over the next three to five years, necessitating swift adaptation of identification and mitigation protocols by governments and the private sector. A recent report by the Royal United Services Institute warns of this emerging threat, defining proliferation financing as the use of funds or financial services to acquire or develop weapons of mass destruction. The shift towards AI-enabled sanction evasion introduces a new level of complexity, with state-aligned activity involving decentralized finance altering the threat model from criminal to geopolitical. This change requires a fundamentally different approach to mitigation, as traditional methods may no longer be effective1. The implications of this development are significant, as it underscores the need for organizations to reassess their IT governance strategies to address the evolving threat landscape, so what matters most to practitioners is the urgent need to develop and implement new protocols to counter this emerging threat.