Finance execs are the new targets of deepfake videos

It’s no secret that AI-generated hyper-realistic impersonations known as deepfakes have become more sophisticated. 

Last year, it was a wake-up call when a finance worker was duped by a fraudulent AI-digitally manipulated video featuring a deepfake of the firm’s CFO ordering money transfers that cost the Hong Kong-based company millions. But now fraudsters are imitating prominent finance professionals on Instagram. 

In a new report, Fortune’s Jim Edwards details how a video...