Technology, Regulations Can't Save Orgs From Deepfake Harm

The report examines the surge in deepfake-enabled social engineering and fraud, particularly against financial institutions and C‑suite targets, highlighting increased incident rates, potential credit and market impacts, and a real-world $25.5M loss; it concludes that while technical defenses lag, organizations should prioritize phishing-resistant identity controls, out-of-band verification (e.g., verbal/code authentication), trusted communication plans, and coordinated legal/comms responses amid evolving regulatory guidance.