Deepfake Scams are a Wake-up Call to Corporate Cybersecurity

Deep fake hoax false and ai manipulation social media on display. Searching on tablet, pad, phone or smartphone screen in hand. Abstract concept of news titles 3d illustration.In January 2024, a cyber incident involving deepfake technology resulted in a finance professional at a multinational firm being manipulated into wiring more than $25 million in company funds to fraudsters. This document explains the growing threat of deepfake scams, outlines other incidents involving such technology and their ramifications, and highlights associated risk management measures for businesses to consider.

Download Case Study – $25 Million Deepfake Scam Sends a Wake-up Call to Corporate Cybersecurity