Deepfakes and Cyber Espionage: Is That Really Your Boss on the Phone?
Imagine a finance officer receiving a frantic, late-night phone call from a CEO. The executive requests the transfer of $5 million to a specified account, and the finance officer complies. The problem? The call came from a cyber criminal using deepfake technology to impersonate the CEO. The vastness of the internet and the nefarious nature of the dark web have made the tools for cyber fraud more freely available and more convincing than ever. Two cyber threats — deepfake technology and insiders selling access to company information — are putting organizations at a greater risk of financial loss and much…
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