A recent report reveals that deepfake attacks are increasingly harming businesses, with one in four victims reporting losses exceeding $1 million. These attacks often involve sophisticated fake audio or video content that can deceive employees and executives alike. Chief Information Security Officers (CISOs) are particularly concerned that many board members do not fully grasp the severity of this threat. As deepfakes become more accessible and convincing, organizations may find themselves vulnerable to fraud and reputational damage. The report emphasizes the urgent need for companies to educate their staff and implement stronger security measures to combat this emerging risk.