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Posts Tagged 'BusinessSecurity'

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AI Just Faked a CFO and Stole $25 Million. Are You Next?

The digital landscape is rapidly evolving, and with it, the sophistication of cyber threats targeting businesses is increasing. An alarming trend for CEOs and business owners is the rise of deepfake technology, which can create remarkably realistic audio and video of individuals, often resulting in devastating financial consequences. Business email compromise (BEC) attacks, although not all using deepfakes yet, accounted for over $2.9 billion in losses globally in 2023, according to the FBI's Internet Crime Complaint Center (IC3) report. 

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