DeepfakeHigh
53% of American and British Businesses Report Attacks by AI-Powered Deepfake Scams in 2024
- Occurred
- Sep 3, 2024
- Published
- Jan 17, 2025
- Source
- AI Incident Database
Summary
According to Medius, Deepfake scams have targeted 53% of businesses in the U.S. and U.K., with 43% falling victim. Using AI to create realistic fake videos and audio of corporate executives, scammers have successfully stolen millions, including $25 million from British engineering group Arup.
Developers
- Deepfake technology developers
Deployers
- Scammers
- Deepfake creators
Harmed parties
- American businesses
- British businesses
- Finance professionals
- Employees
- Arup
Classification
Category confidence: 95%
Severity confidence: 90%
Rationale: AI-generated deepfakes used in scams caused significant financial losses to businesses.
Classifier: Qwen/Qwen3.5-35B-A3B-FP8