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AI-Driven Executive Impersonations Emerge As Significant Threat to Business Payment Processes

ID: 81321d9c-7f43-5cc9-8254-e8b8dfca4672

STIX ID: report--81321d9c-7f43-5cc9-8254-e8b8dfca4672

Feed Name: Dark Reading

Date Published: 2024-07-31

Date Updated: 2026-04-21

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Trustmi's press release reports survey findings from 516 U.S. finance professionals showing growing AI-driven deepfake and executive impersonation attacks (22%), widespread payment fraud from human error and BEC, poor visibility into fraud losses, and low levels of payment automation; the company positions its AI-enabled, end-to-end payment security platform as a solution to reduce fraud, human error, and vendor/payment risks.

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