US Edition‘The ultimate fraud machine’: Scammers are using AI to target people and businesses with increasingly convincing deepfakes
- Scammers used an AI-generated deepfake of Jordan Kagan's voice to trick his mother into believing her grandson was in trouble and demanded $2,500, as revealed by Dan Kagan.
- Entrust reported a 3,000 percent increase in deepfakes from 2022 to 2023, indicating their growing use in scams.
- More than a quarter of executives polled by Deloitte reported their organizations experienced at least one deepfake incident targeting financial data, highlighting the growing concern in businesses.
- Experts warn that deepfake scams will become more common, with over a quarter of executives reporting incidents involving financial data.
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