The average deepfake fraud incident now costs around USD 500K. North America saw a substantial 1740% increase in deepfake fraud. Deepfake spear phishing has increased by more than 1,000% over the last decade. Around 42.5% of financial fraud attempts were linked to AI, while deepfake attacks accounted for 6.5% of cases and 1 in 15 incidents. Over three years, deepfake fraud grew from 0.1% to about 6.5% of detected cases by 2025. section class="new-item-morelink">Source: electroiq.com