# Fighting Phantom Bosses: Jericho Security Secures $15M to Combat Deepfake Fraud

## Fighting Phantom Bosses: Jericho Security Secures $15M to Combat Deepfake Fraud

The threat of deepfake technology has moved beyond abstract concerns and landed squarely in the boardroom, with devastating financial consequences. North American businesses have already lost a staggering $200 million in 2025 alone due to sophisticated voice and video impersonations enabled by AI. Recognizing the urgency of the situation, Jericho Security, a cybersecurity startup with backing from the Pentagon, has just secured $15 million in funding to combat this burgeoning form of corporate fraud.

The funding will fuel the development and deployment of Jericho Security’s AI-powered platform, designed to detect increasingly convincing deepfakes. This includes advanced algorithms capable of analyzing voice and video for subtle inconsistencies and anomalies that betray synthetic manipulation. The platform aims to protect businesses from a variety of deepfake-driven attacks, including:

* **Voice impersonation fraud:** Criminals impersonating executives to authorize fraudulent wire transfers or gain access to sensitive information.
* **Video impersonation fraud:** Deepfake videos used to manipulate stock prices, influence business deals, or spread misinformation internally.
* **Compromised authentication:** Using deepfakes to bypass traditional security measures like voice-based authentication or video verification.

Jericho Security’s approach leverages cutting-edge AI, including Natural Language Processing (NLP), Machine Learning (ML), and Deep Learning, to stay ahead of the rapidly evolving deepfake landscape. Their platform is designed to adapt and learn as deepfake technology becomes more sophisticated, providing a proactive defense against these increasingly convincing deceptions.

The investment in Jericho Security highlights the growing concern surrounding AI-driven fraud and the critical need for robust cybersecurity solutions. With the financial stakes rising, companies are increasingly turning to specialized platforms like Jericho Security’s to protect their assets and reputation from the insidious threat of deepfake impersonation. As the battle between AI and deepfake detection heats up, Jericho Security is poised to play a key role in safeguarding businesses from this emerging and costly form of cybercrime.