Boards aren’t ready for the AI age: What happens when your CEO gets deepfaked?

Deepfake fraud drained $1.1 billion from U.S. corporate accounts in 2025, tripling from $360 million the year before. By midyear last year, documented incidents had already quadrupled the 2024 total. And most corporate communications and brand teams remain dangerously unprepared.

Executives now face synthetic threats from two directions: their likenesses cloned to authorize fraudulent transfers or inflict reputational harm, and AI-generated voices impersonating government officials, board members...