Losses from Deepfakes to Hit $4 Billion by 2027
As one of the fastest-growing forms of adversarial artificial intelligence, the losses related to Deepfakes are expected to skyrocket from $12.3 billion in 2023 to $40 billion by 2027, with a compound annual growth rate of an astonishing 32%. Deloitte predicts a surge in deepfakes in the coming years, with banks and financial services becoming primary targets.
Deepfakes represent the cutting edge of adversarial AI attacks, with a growth rate of 3,000% just last year. It is projected that Deepfak