Deepfake

A deepfake is synthetic media created using deep learning techniques to realistically manipulate or replace faces and voices in videos, audio, or images. In enterprise AI governance, deepfakes present significant risks including identity fraud, impersonation of executives, defamation, and erosion of trust in digital communications. Organizations must implement detection tools, authentication protocols, and clear policies to mitigate these threats and manage both the malicious creation and inadvertent use of synthetic media within their operations.

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EnforcementAustralia2026-08-21

ASIC Declares AI Impersonation Scams an Emergency for Financial Sector

Australia's corporate regulator ASIC has warned that AI-powered voice and face cloning scams have reached emergency scale, threatening consumers and financial institutions alike. The regulator has begun large-scale removal efforts targeting fraudulent impersonation content. Weak identity verification and insufficient anti-impersonation controls are identified as the primary failure modes enabling fraud at scale.

ASIC deepfake impersonation fraud identity verification Australia financial services synthetic media