Report: Deepfake Fraud Causes Billions in Losses

Surfshark analysis estimates deepfake-driven fraud has caused $2.19 billion in global losses (with $1.65 billion reported in 2025), driven mainly by investment scams using deepfakes of public figures and corporate impersonation of CEOs; the US accounted for $712 million in losses, with corporate fraud and family-member impersonation significant contributors. The report breaks down loss categories and percentages and notes vendor training offerings (KnowBe4) that create controlled deepfakes to teach detection.