AI based or AI driven threats and schemes can cost billions, excuse me, businesses millions of dollars a year, including both prevention and and falling prey to them. In one case, fraudsters used AI to clone a CEO's voice and authorize a wire transfer. Among corporations that experienced a rise in deepfake incidents, 75% of deepfakes impersonated a CEO or another C-suite executive. Generative AI enables the criminal exploitation of victims emotional vulnerabilities through tactics such as sextortion, pig butchering scams, female phishing and elder fraud. (01:54–02:04)
CLAIM
Asserts that a significant portion of deepfake incidents target high-level executives.
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