2024 - FinTecBuzz

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FinTecBuzz

Half of US and UK finance professionals hit by deepfake fraud scams

Half of US and UK finance professionals hit by deepfake fraud scams

June 20, 20245 min

Half of finance professionals (53%) have been attacked with deepfake scamming attempts, with 43% admitting they have fallen victim to an attack according to new data from Medius, a leading provider of cloud-based accounts payable automation and spend management solutions. 85% of respondents say deepfake technology poses an existential crisis to the business’ financial security. Ahmed Fessi, Chief Transformation & Information Officer, explains: “Today’s CEOs and CFOs have large digital footprints. They have speeches, interviews...

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