Deepfake scam hits $10 billion globally: CEO voices make big haul

Annual cost of deepfake attacks breaks record
According to the latest reports published by the World Economic Forum and McAfee, the global cost of deepfake scams has exceeded $10 billion by 2025. Fake audio and video generated by artificial intelligence technologies are used by fraudsters to target internal company security vulnerabilities.
 
 
Money transfer instructions are given by imitating CEOs' voices
According to the report, one of the most common methods is to imitate the voices of company CEOs using artificial intelligence to give fake money transfer orders to employees. Such cases have caused serious financial losses, especially in finance, insurance and large-scale public institutions. This breaking of the chain of trust within the company multiplies the impact of the attacks.
 
Companies in Türkiye were also targeted
Deepfake scams have also had an impact in Türkiye. Some local companies have made transfers worth hundreds of thousands of liras through employees who were guided by fake voice recordings. The incidents were usually carried out through internal correspondence and voice calls.
 
Call for verification from experts
Cybersecurity experts warn that instructions received via voice or video should always be verified via a second communication channel, and that it is critical for companies to invest in AI-powered fraudulent content detection systems to prevent such attacks.
 
 
 
Source: CUMHA - CUMHURS NEWS AGENCY