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Deepfake attacks are exploding, and your company is probably not ready. In this episode of The Backup Wrap-up, we dive into how cybercriminals are using AI to clone voices and create fake videos to authorize fraudulent wire transfers and reset credentials. With nearly 50% of businesses already experiencing deepfake attacks, this isn't a future problem – it's happening right now. We break down the two main attack vectors: authorization fraud (where fake CEOs trick employees into wiring money) and credential theft (where attackers reset passwords and MFA tokens). More importantly, we give you actionable defense strategies: multi-channel verification protocols, callback procedures for sensitive transactions, employee training programs, and break-glass scenarios. You'll learn what not to rely on (spoiler: caller ID is worthless) and why policy and procedure matter more than technology alone. This is a must-listen for anyone responsible for security or financial controls.
By W. Curtis Preston (Mr. Backup)4.7
2525 ratings
Deepfake attacks are exploding, and your company is probably not ready. In this episode of The Backup Wrap-up, we dive into how cybercriminals are using AI to clone voices and create fake videos to authorize fraudulent wire transfers and reset credentials. With nearly 50% of businesses already experiencing deepfake attacks, this isn't a future problem – it's happening right now. We break down the two main attack vectors: authorization fraud (where fake CEOs trick employees into wiring money) and credential theft (where attackers reset passwords and MFA tokens). More importantly, we give you actionable defense strategies: multi-channel verification protocols, callback procedures for sensitive transactions, employee training programs, and break-glass scenarios. You'll learn what not to rely on (spoiler: caller ID is worthless) and why policy and procedure matter more than technology alone. This is a must-listen for anyone responsible for security or financial controls.

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