Deepfake attacks on financial teams on the rise

Over half of senior directors and finance managers expect an increase in the number and scale of deepfake attacks targeting financial and accounting data

Deepfake financial fraud is becoming an increasing concern, according to a poll by Deloitte, which found that the increase in attacks could affect more than a quarter of executives in the year ahead.

Respondents reported that their organisations experienced at least one (15%) or multiple (11%) deepfake financial fraud incidents during the past year.

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