US EditionAI-Generated Media Drives Real-World Fraud, Identity Theft, and Business Compromise
GLOBAL, JUL 9 – Deepfake scams caused $410 million in losses in the first half of 2025, with attacks targeting executives, recruitment, and financial verification, Trend Micro reports.
- On July 9, 2025, Trend Micro published a report in Dallas revealing the extensive reach and sophisticated nature of deepfake-based cybercrime across the globe.
- The report reveals that cybercriminals rapidly adopt powerful and affordable generative AI tools to conduct attacks such as business fraud, CEO impersonation, and identity theft.
- Threat actors now use off-the-shelf video, audio, and image platforms to create realistic deepfakes that deceive individuals and organizations, bypassing verification and security controls with ease.
- Executives are impersonated, hiring processes compromised by fake AI-generated candidates, and financial safeguards bypassed, while financial firms face surges in deepfake attempts to evade KYC, enabling anonymous money laundering.
- Trend Micro and experts urge businesses to proactively educate staff, review authentication, and explore detection solutions to rebuild digital trust and minimize risk in this escalating deepfake crime landscape.
33 Articles
33 Articles
Hartford Courant
This entrepreneur spots deepfakes for celebrities. Can he help average Joes too?
By Wendy Lee, Los Angeles Times Celebrities are all too familiar with the world of deepfakes, the colloquial term for artificial-intelligence-generated videos that depict actors and other Hollywood talent falsely doing or saying things that they never agreed to. To protect themselves, actors including Steve Harvey, Beverly Hills talent agency WME and studios have enlisted the help of Vermillio, a Chicago-based company that tracks famous people’s…
A fraudster contacts AI counterfeiting from US Secretary of State Marco Rubio Politician. Cats distract Reasoning models. Grok 4 will be released.
PR Newswire
AI-Generated Media Drives Real-World Fraud, Identity Theft, and Business Compromise
/PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released a new report exposing the scale and maturity of...
Biometric Authentication – How Fraudsters Try to Bypass in 2025 —and How Shufti Stops Them
Biometric authentication is no longer a nice‑to‑have. Deepfake toolkits are available for less than $20, and large‑scale bot farms are automating spoofing attempts around the clock. This article explains (1) how fraudsters now defeat biometric checks, (2) what 2024‑25 regulations demand, and (3) the real‑world analytics from Shufti’s global trust platform that prove effective counter‑measures. Key stat: Shufti blocked 3.1 million biometric spoof…
Super funds finally bank some anti-hacker advice
After years of client complaints, recent high-profile breaches and warnings from the regulator, super funds are belatedly seeking help to beat the hackers. So why has it taken this long? Words by Nick Evans at Margin Call for The Australian It appears that Australia’s major superannuation funds are finally taking an interest in securing their members’ funds from identity theft, scams and fraud after a couple of them belatedly visited the bank…
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