AI-generated deepfake voice calls impersonating CEOs and CFOs have stolen $25 million from corporations in Q1 2026, a 400% increase from last year as voice cloning technology becomes freely available.

How It Works

Attackers clone executive voices from public speeches, earnings calls, and social media using freely available AI tools. They then call finance departments requesting urgent wire transfers.

Prevention

Security experts recommend implementing voice authentication protocols, mandatory callback verification for all wire transfers, and AI voice detection tools for incoming calls.