HISPI Project Cerebellum
AI Incidents

53% of American and British Businesses Report Attacks by AI-Powered Deepfake Scams in 2024

September 3, 2024

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.
Alleged deployer
unknown-scammers, unknown-deepfake-creators
Alleged developer
unknown-deepfake-technology-developers
Alleged harmed parties
american-businesses, british-businesses, finance-professionals, employees, arup

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/800

Data source

Incident data is from the AI Incident Database (AIID).

When citing the database as a whole, please use:

McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

Pre-print on arXiv · Database snapshots & citation guide

We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.