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Deepfakes losses to reach $40 billion by 2027
As one of the fastest growing forms of adversarial AI, losses related to deepfakes are expected to soar from $12.3 billion in 2023 to $40 billion in 2027, a staggering 32% compound annual growth rate. Deloitte expects deepfakes to surge in the coming years, with banking and financial services being the main targets. Deepfakes are at the forefront of adversarial AI attacks, growing by 3000% last year alone. Deepfakes incidents are expected to increase by 50% to 60% by 2024, with 100 million incidents this year …- 2.5k
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