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Security · 3h ago

Deepfake fraud cost victims $3.7B, with social media as top vector

By Meridian48 News Desk · Summarised from TechRadar ·

Surfshark research reveals at least $3.7 billion lost to deepfake fraud globally, with social media identified as the primary launchpad for attacks. Fraudsters exploit fake celebrity endorsements, phone calls, video meetings, and messaging apps. The report underscores the growing financial threat of AI-generated deception.

Meridian48 take
The $3.7B figure likely undercounts unreported losses, but it highlights how platforms still fail to curb AI-generated scams at scale.
Read the full reporting
'$3.7B lost to deepfakes' — Why social media is the perfect launchpad for AI fraud →
TechRadar
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