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 Incorporated published a report highlighting the widespread growth and sophistication of cybercrime driven by deepfake technology worldwide.
- The report stems from the rising use of powerful, affordable generative AI tools adopted rapidly by cybercriminals to execute various attacks.
- Threat actors exploit off-the-shelf video, audio, and image platforms to create realistic deepfakes that impersonate executives, bypass KYC checks, and compromise hiring and financial processes.
- David Sancho, a lead threat analyst at Trend, highlighted that synthetic media created by AI is an immediate and significant threat to businesses, as deepfake scams become increasingly common and sophisticated.
- The report urges businesses to take proactive steps like staff education, reviewing authentication, and detection solutions to protect processes and rebuild digital trust.
34 Articles
34 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...
Fabricated citations, super failures, and strike-offs: What’s hot in law this week (7–11 July)
This week, another law firm has been caught citing AI-fabricated citations, while numerous recommendations to strike lawyers from state rolls were issued. Here is your weekly round-up of the biggest stories for Australia’s legal profession.
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…
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