Protecting organizations from AI-assisted executive impersonation and invoice fraud

A recent AI-assisted phishing campaign impersonated executives to fraudulently request nearly $50,000 ACH payments from corporate accounts payable departments, using fabricated invoices and email threads to enhance legitimacy. The campaign primarily targeted enterprises in the United States across various sectors, exploiting trusted third-party email infrastructure and lookalike domains without compromising legitimate organizations.

This Wire brief sits within Fusion42's coverage of Enterprise Software.