The term fake news is true and becoming truer as technology creates more channels to deceive recipients, including deepfake. A form of artificial intelligence, deepfake can fool even the most discerning viewer, and fraudsters are seizing on it as another opportunity for illicit gain. What can financial businesses do to protect themselves against this new line of attack, and what can we all do to prevent ourselves from being hoodwinked?
In today’s cybercrime-infested environment, the frontline position of chief information security officer couldn’t be more crucial. But increasingly, CISOs find that not only do they receive criticism for events beyond their control, the control they do have to determine their firms’ information-security strategies is being threatened. The CISO must be re-empowered by regaining sole ownership of the levers needed to set the company’s security priorities and drive its cyber-defense agenda.