As the world of AI and deepfake technology grows more complex, the risk that deepfakes pose to firms and individuals grows increasingly potent. This growing sophistication of the latest software and algorithms has allowed malicious hackers, scammers and cyber criminals who work tirelessly behind the scenes to stay one step ahead of the authorities, making the threat of attacks increasingly difficult to both prepare for and defend against.
Most readers probably believe they’re more or less familiar with the nature of traditional cyber attacks that involve system hacking, viruses and ransomware. However, the realm of cyber crime took a vast leap forward in 2019 when the CEO of a UK-based energy firm fell victim to a scam built upon a phone call using deepfake audio technology.