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Businesses Targeted by Deepfake Phone Calls: Nearly Half Affected

AI Voice Scams Are on the Rise: How to Protect Your Business from Deepfake Phone Calls

Imagine getting an urgent phone call from your company’s CEO. The voice is unmistakable, the tone is insistent, and the request is critical: a wire transfer needs to be approved immediately for a top-secret acquisition. You act quickly, wanting to assist. Only later do you discover the voice on the other end wasn’t your boss—it was a sophisticated AI-generated deepfake.

This scenario is no longer science fiction. It’s a rapidly growing threat targeting businesses of all sizes, and a staggering number are already feeling the impact. Voice cloning technology has become so accessible and convincing that it’s now a primary tool for cybercriminals executing elaborate financial fraud.

What Are Deepfake Voice Scams?

At its core, a deepfake voice scam, a new form of “vishing” (voice phishing), uses artificial intelligence to realistically mimic the voice of a trusted individual, such as a senior executive, a key vendor, or a high-profile client. With just a few seconds of audio—often scraped from social media, podcasts, or public interviews—scammers can generate a synthetic voice that is nearly indistinguishable from the real person’s.

The goal is almost always financial. By impersonating a figure of authority, these criminals create a false sense of urgency and pressure employees into bypassing standard security protocols to authorize fraudulent payments or transfer sensitive data.

The New Face of CEO Fraud

This tactic has proven incredibly effective because it preys on human instinct. When an employee believes they are on a call with their direct superior, their natural inclination is to be helpful and efficient. The scammers exploit this trust by carefully crafting their scripts.

A typical deepfake voice attack follows these steps:

  • Urgency is manufactured: The caller insists the request is time-sensitive and confidential, discouraging the employee from consulting with colleagues.
  • A plausible story is created: The scammer might mention a “secret merger,” an “overdue invoice for a critical supplier,” or a “necessary tax payment” to make the request seem legitimate.
  • Standard procedures are bypassed: The caller will often demand the employee skip normal verification steps, claiming the situation is too urgent to wait.

The consequences can be devastating, leading to significant financial losses, data breaches, and severe damage to a company’s reputation. Recent studies reveal a concerning reality: nearly half of all businesses surveyed have already been targeted by deepfake voice attacks, and many of these attempts are successful.

Actionable Steps to Secure Your Business

While the technology is sophisticated, your defense doesn’t have to be. Protecting your organization comes down to a combination of awareness, policy, and a healthy dose of skepticism. Here are critical steps every business should implement immediately.

1. Implement Multi-Channel Verification
This is the single most effective defense. Establish a strict, non-negotiable policy that any request for a fund transfer, password change, or data sharing made via voice or email must be verified through a different communication channel. This could mean confirming the request via a trusted internal messaging app (like Slack or Teams) or calling the person back on a known, pre-saved phone number. Never use contact information provided in the suspicious email or call itself.

2. Conduct Regular Employee Training
Your team is your first line of defense. Educate all employees, especially those in finance and HR, about the existence and mechanics of deepfake voice scams. Use real-world examples to demonstrate how convincing these attacks can be. Train them to recognize the red flags, such as unusual urgency, requests to break protocol, and secrecy.

3. Establish a Code Word or Safe Question
For highly sensitive transactions, consider implementing a verbal code word or a security question that only key executives would know. If a caller claiming to be the CEO cannot provide the correct response, the request is immediately flagged as fraudulent. This low-tech solution is surprisingly effective against high-tech scams.

4. Scrutinize Urgency and Emotion
Scammers rely on creating a state of panic to make victims act without thinking. Encourage a workplace culture where it is acceptable—and expected—for employees to pause, think critically, and verify instructions, even if they appear to come from the highest levels of the company. Remind them that it is better to take a few extra minutes to confirm a request than to risk a multi-million dollar mistake.

Staying Ahead of the AI Threat

Deepfake voice technology will only continue to improve in quality and accessibility. As criminals adopt more advanced tools, businesses must evolve their security postures in response. The threat is no longer theoretical; it’s an active and present danger.

By combining robust verification protocols, ongoing employee education, and a culture of critical thinking, you can build a resilient defense and ensure your organization doesn’t become the next headline.

Source: https://go.theregister.com/feed/www.theregister.com/2025/09/23/gartner_ai_attack/

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