deepfake attacks

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Jack Keilty

In the following guest post, Jack Keilty, Head of Management Liability, New Dawn Risk, examines the growing problem of social engineering fraud, and considers the problems losses from this type of fraud can present from an insurance standpoint. I would like to thank Jack for allowing me to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Jack’s article.Continue Reading Guest Post: The Social Engineering Fraud-Shaped Hole in Insurance Cover

A new wave of AI-powered scams is targeting companies by impersonating their most trusted leaders – the CEO, the CFO, and other senior executives. Cybercriminals are now using generative AI tools to create hyper-realistic video and audio deepfakes of company executives to trick lower-level employees into handing over millions of dollars in cash, critical data, and other business assets. While these kinds of scams aren’t necessarily new, AI language and image models are making the scams increasingly effective and more prevalent, according to a recent Wall Street Journal article. The August 18, 2025, article, entitled “AI Drives Rise in CEO Impersonator Scams,” can be found here.Continue Reading The Growing Threat of AI Deepfake Attacks