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Deepfakes Are Becoming a Costly Reality for Businesses, Report Warns
A report finds that roughly 25 percent of organizations victimized by deepfake attacks have incurred losses exceeding $1 million. Chief information security officers express concern that executive leadership underestimates the severity and business impact of deepfake threats.
Why it matters: Security leaders responsible for fraud prevention and business continuity should brief boards on deepfake attack financial exposure and the need for detection and response capabilities.
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- First seen by Cybersecurity Tracker