Tuesday, September 10, 2019
“Harmful lies are nothing new. But the ability to distort reality has taken an exponential leap forward with “deep fake” technology… Individuals and businesses will face novel forms of exploitation, intimidation, and personal sabotage.”
– Deep Fakes: A Looming Challenge for Privacy, Democracy, and National Security –
What happens when your boss phones or video chats you requesting an emergency fund transfer to pay a critical supplier or vendor? You get it done ASAP, right? But what if the person who looks and sounds like your boss isn’t actually her? If you pay attention to nothing else this week pay attention to this: New technology is being used to defraud businesses and your current controls are likely inadequate protection.
Click here to learn how “deep fake” tech was used to defraud one CEO out of $250,000 last week. Then consider what changes to your controls are needed to prevent the same disaster from befalling your organization… because this tactic is coming soon to a device near you.