The digital world just got a whole lot shadier, and your corporate bank account is the prime target. Imagine a world where a simple video call could cost your company half a million dollars - welcome to the terrifying reality of AI-powered deepfake fraud.

Jericho Security, a New York-based cybersecurity startup, is fighting back with some seriously clever tech. They’ve just scored $15 million in funding to build an AI system that essentially fights fire with fire - or in this case, fights AI with AI.

The Scary New Face of Corporate Fraud

Deepfake technology has gone from a sci-fi nightmare to a very real corporate threat. In one jaw-dropping incident, a Singapore CFO was tricked into transferring $500,000 during a video call with seemingly authentic executives - who were actually AI-generated imposters.

Learning to Outsmart the Scammers

Jericho’s platform doesn’t just teach employees to be suspicious - it creates hyper-realistic simulations that mimic actual attackers. Their “agentic AI” adapts its approach based on individual employee behaviors, making training more dynamic and effective. Early data shows employees trained with these simulations are 64% less likely to fall for phishing attempts.

The Wild West of AI Security

As AI tools proliferate in corporate environments, the attack surface is expanding. We’re not just talking about human vulnerabilities anymore - now AI systems themselves can be phished and exploited. The cybersecurity landscape is changing faster than we can keep up, and companies like Jericho are racing to stay ahead of the curve.

In a world where trust is becoming increasingly digital and increasingly fragile, one thing is clear: the next corporate heist might happen through your computer screen, not a masked robber.