Small businesses face new insurance options as deepfake fraud surges 1,600%

By Yajush Gupta · 6 February 2026 · News

Small businesses face new insurance options as deepfake fraud surges 1,600%

Full details: Small businesses face new insurance options as deepfake fraud surges 1,600%

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Summary

Despite 89% confidence in spotting fakes, Australians correctly identify AI-generated scams only 42% of the time