Know What's Happening in Cybersecurity

Deepfake Business Risks Are Growing – Here's What Leaders Need to Know

Deepfake attacks have moved from a niche concern to a mainstream cybersecurity priority, with 62% of organizations reporting at least one incident in the past year. Hackers are leveraging publicly available AI models, such as Google Gemini, to create convincing voice and video impersonations that have already resulted in multimillion‑dollar fraud, exemplified by the $25 million Arup case. The proliferation of open‑source tools lowers the barrier for low‑skill actors, expanding the threat to small and medium‑sized enterprises that lack dedicated defenses. Experts urge immediate adoption of detection, training, and multi‑factor verification to curb the surge.