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In a recent Deloitte survey, 15% of corporate executives reported that deepfakers had targeted their firm’s confidential data at least once in the last 12 months.Dec 10, 2024
Cybersecurity
| Deepfakes are AI-assisted social engineering techniques that use realistic, but faked, voice calls, video clips, and live video conferencing calls and are growing more common as a means of enabling cybercrimes. In a recent Deloitte survey, 15% of corporate executives reported that deepfakers had targeted their firm’s confidential data at least once in the last 12 months. Another 11% said their organizations weathered multiple deepfakes during the same period. Why is this trend a growing problem for companies of all types and sizes? Because of the financial damage caused by cyber disruptions like ransomware. The costs of recovering from a single attack can run into millions of dollars when considering operational downtime that leads to losing revenue. What’s worse? Some remediating expenditures can be ineffective. Research suggests that as much as three quarters of companies that pay ransoms do not recover the stolen data. We strongly advise implementing comprehensive backup and disaster recovery (BUDR) systems. A full BUDR routine keeps your company’s information safe, intact and recoverable by:
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