"When deepfakes were discussed in 2023 or even 2024, legitimate usage in fraud tactics seemed really far away. But then in 2025, it just changed. We've received reported attacks of fraudsters successfully mimicking voices of real people involved in a transaction, often using short audio samples pulled from voicemail or LinkedIn. It's pretty crazy, and in several cases, the voice itself sounded convincing enough that the call passed what used to be considered a verification step."
"At the same time all that's going on, criminals are just getting better at timing and context. They're involved at multiple steps handling long, drawn-out cons, monitoring emails for weeks, and knowing exactly when to place phone calls or reinforce fraudulent messaging throughout the transaction. They're using AI but combining it with human patience, and that's what makes this feel more intense and different today than ever before."
"We've seen millions of transactions, and when signals are surfaced early, we're consistently able to help avoid losses. What's interesting for us is that we get to look at two datasets: our core fraud prevention technology and all of the inbound calls that come into our fraud recovery team. When you look at those two datasets, you can find some really interesting correlations between the two."
In 2025 criminals focused on timing, context and realism rather than inventing entirely new fraud types. Deepfake voice attacks using short audio clips from voicemail or LinkedIn successfully impersonated real transaction participants and sometimes passed traditional verification steps. Fraudsters operated across multiple transaction stages, running long, patient cons while monitoring emails and choosing precise moments to act. Attackers combined AI tooling with human coordination to increase effectiveness. Early signal detection across fraud prevention systems and inbound call data enabled significant loss avoidance and recovery, with reported recoveries exceeding $100 million and estimates north of $120 million.
Read at www.housingwire.com
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