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92% of Companies Hit by Deepfake Fraud in 2024

9/20/2025

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Summary

Story summary

The Regula Survey 2024 shows 92% of companies experienced financial losses due to deepfake incidents, with 10% exceeding $1 million.
25% of business leaders are unfamiliar with deepfake technology, and 31% do not view it as a fraud risk.
Deepfake incidents in fintech surged by 700% in 2023, posing significant corporate risks.
Attackers exploit deepfake audio and video for identity theft, resulting in major fraud cases, including a $25 million transfer in Hong Kong.
Swiss Re advises a defense-in-depth strategy, emphasizing biometric authentication and enhanced verification, alongside continuous employee training on deepfake identification.

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Story summary

The Regula Survey 2024 shows 92% of companies experienced financial losses due to deepfake incidents, with 10% exceeding $1 million.
25% of business leaders are unfamiliar with deepfake technology, and 31% do not view it as a fraud risk.
Deepfake incidents in fintech surged by 700% in 2023, posing significant corporate risks.
Attackers exploit deepfake audio and video for identity theft, resulting in major fraud cases, including a $25 million transfer in Hong Kong.
Swiss Re advises a defense-in-depth strategy, emphasizing biometric authentication and enhanced verification, alongside continuous employee training on deepfake identification.