Analysis
AI-Powered Phishing and Deepfake Payment Fraud in Canada
Generative AI lets fraudsters write flawless, personalized phishing at scale, clone an executive's voice and even stage live deepfake video calls. Canadian Anti-Fraud Centre data show spear phishing losses rising sharply in 2026. Because people cannot reliably spot synthetic voices or faces, finance teams should rely on process: call-backs to known numbers, dual approval and strict rules for banking changes.
· 9 min read