Fake News, Deepfakes: What Every CIO Should Know

May 22, 2024

Recently, a Chinese finance worker was on a video call with who he believed was the CFO. The CFO asked him for a $25.6 million transfer and turns out, everyone on the call was a deepfake. As technology improves, so do these attacks. In a recent article by Information Week, Cody Shultz shares his expertise on this concerning trend. He notes, “Awareness of potential threats is a first step, such as understanding whether the company has an official social media presence, and executives have profiles. If not, it’s important to verify that impostor or parody accounts don’t exist because they can damage reputations by sharing deepfake photos or inflammatory posts from accounts that appear to be legitimate.”