Deepfakes Dupe Businesses: How to Protect Yourself
Dana Bacon | Published on 11/13/2024
Cybercriminals have found a way to leverage emerging technology to ensnare new prey: earnest and unsuspecting leaders and employees at companies everywhere. The results are mind-blowing in both their evident effectiveness and financial destructiveness.
In one shocking real-life example, fraudsters used AI to create fake virtual images of finance leaders attending a multi-person video conference call. The result? A finance team leader sent $25 million to the scammers because the employee believed he was on a real video call with the company’s CFO and other senior employees.
Read here for some advice from Hub International.