Sources Cited

We have the sources cited to back up our claims.

The Rising Numbers Don’t Lie

Deepfake-related fraud losses hit $1.1 billion in 2025 alone — tripling from $360 million in 2024, and representing a ninefold increase from the combined total of $128 million recorded between 2020 and 2023. The U.S. FTC separately found consumers lost more than $12.5 billion to fraud overall in 2025, with financial losses ballooning 25% even as the number of fraud reports held steady — meaning individual schemes are becoming far more effective.

How Bad Is the Scale?

• Deepfake attempts were occurring every 5 minutes in 2024.

• Incidents involving deepfake phishing skyrocketed 3,000% since 2022.

• 92% of companies have experienced financial loss due to a deepfake, per CFO Magazine.

• 53% of businesses in the U.S. and U.K. have already been targeted in deepfake scams.

• 85% of executives view deepfake as an “existential” threat to their company’s financial security.

What the Authorities are Saying

The SEC published a formal statement in March 2025 titled “AI, Deepfakes, and the Future of Financial Deception,” treating it as a top-tier regulatory concern. KPMG, J.P. Morgan, and the UK Government have all published formal guidance on deepfake threats to businesses. JD Supra noted in February 2026: “This is not a niche technical issue anymore — it’s a growing threat with real-world consequences.”

Social Media: Primary Attack Vector

In 2025, 83% of all deepfake fraud losses originated on social media platforms — precisely where our primary customers (vloggers, creators, digital businesses) operate. This dominant fraud type is impersonating creators, celebrities, and business leaders to promote fraudulent investment schemes, accounting for 80% of total deepfake losses and $886 million in damages.

Fortune - "Consumers lost $12.5 billion to fraud last year, and AI-powered scams are set to explode in 2026, Experian warns"(https://fortune.com/2026/01/13/ai-fraud-forecast-2026-experian-deepfakes-scams/)

Surfshark - "Facebook led in deepfake-related fraud in 2025"

(https://surfshark.com/research/chart/deepfake-social-media-fraud)

Coverlink - "Cyber Case Study: $25 Million Deepfake Scam"
(https://coverlink.com/case-study/case-study-25-million-deepfake-scam/)

DeepStrike - "Deepfake Statistics 2025: AI Fraud Data & Trends"
(https://deepstrike.io/blog/deepfake-statistics-2025)

Security and Exchange Commission - Perry Carpenter for KnowBe4 - "AI, Deepfakes, and the Future of Financial Deception"
(https://www.sec.gov/files/carpenter-sec-statements-march2025.pdf)

JDSupra - "The Rise of Deepfakes: Can You Trust What You See Online?"
(https://www.jdsupra.com/legalnews/the-rise-of-deepfakes-can-you-trust-5881372/)

KPMG - "Deepfake threats to companies"
(https://kpmg.com/xx/en/our-insights/risk-and-regulation/deepfake-threats.html)

JPMorgan Wealth Management - "AI scams, deep fakes, impersonations … oh my!"
(https://www.jpmorgan.com/insights/fraud/fraud-protection/ai-scams-deep-fakes-impersonations-oh-my)

UK Government Office for Science - "How the UK is leading the global fight against deepfake threats."
(https://www.gov.uk/government/case-studies/science-led-collaboration-against-deepfakes)