{"id":263144,"date":"2026-06-03T11:18:00","date_gmt":"2026-06-03T15:18:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/03\/ai-deepfakes-are-a-growing-threat-to-financial-advisors\/"},"modified":"2026-06-03T12:45:14","modified_gmt":"2026-06-03T16:45:14","slug":"ai-deepfakes-are-a-growing-threat-to-financial-advisors","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/03\/ai-deepfakes-are-a-growing-threat-to-financial-advisors\/","title":{"rendered":"AI Deepfakes Are a Growing Threat to Financial Advisors"},"content":{"rendered":"

AI Deepfakes Are a Growing Threat to Financial Advisors<\/a><\/p>\n

https:\/\/www.wealthmanagement.com\/financial-cybersecurity\/ai-deepfakes-pose-growing-threat-to-advisors<\/a><\/p>\n

Publish Date: 2026-06-03 11:18:00<\/a><\/p>\n

Source Domain: www.wealthmanagement.com<\/a><\/p>\n

On a set of large screens on both sides of the stage set for a panel discussion at the BNY INSITE Conference, in Aurora, Colo., Paul Caulfield, the chief compliance officer for Insigneo Advisors, appeared and addressed the audience.\u00a0<\/span><\/p>\n

He began by saying he was not Paul Caulfield.<\/span><\/p>\n

\u201cI am a synthetic version of him. I\u2019m here today to explain that all is indeed not what it seems. Consider this. Consider that I was a synthetic representation of your own high-net-worth client,\u201d the face said. \u201cBetter yet, consider that I was a synthetic representation of an ultra-high-net-worth prospect, someone you do not know well enough. How would you react? Would this seem convincing?\u201d<\/span><\/p>\n

Onstage, the real Paul Caufield told audience members he\u2019d made the video in about 15 minutes spread over a day, and he showed it as an example of how easily artificial intelligence can be used to defraud seasoned financial advisors.<\/span><\/p>\n

Related:<\/span>Cybersecurity Is a Governance Issue<\/p>\n

Caulfield was joined by Jeff Pollack, the interim global lead for identity and access management at BNY, and Keith Lanton, the president of the New York-based firm Herold & Lantern Investments, who detailed his firm\u2019s experience with a cyberattack earlier this year.<\/span><\/p>\n

While Lanton said the firm was lucky that hackers were not after personally identifiable information and that they were not successful in their goal, he said he quickly \u201cgot religion\u201d to make sure the firm\u2019s defenses were more robust than before, as bad actors\u2019 skill and technical tools were only bound to get better.<\/span><\/p>\n

\u201cIf you think about the fog of war and what\u2019s going on, we didn\u2019t know that we shut them down when we shut them down. We didn\u2019t know the damage had been limited,\u201d Lanton said. \u201cSo I say to each of you in this room, think about what your policies and procedures are. Think about what you would do if suddenly you discovered that something was infiltrated that you didn\u2019t know could be infiltrated\u2014and what you would do about…<\/span><\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

AI Deepfakes Are a Growing Threat to Financial Advisors https:\/\/www.wealthmanagement.com\/financial-cybersecurity\/ai-deepfakes-pose-growing-threat-to-advisors Publish Date: 2026-06-03 11:18:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":263145,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/eu-images.contentstack.com\/v3\/assets\/bltabaa95ef14172c61\/blt6a688bec1459fc8e\/6a2045132928e1be8e7b3c2e\/insite-cybersecurity-panel.jpg?disable=upscale&width=1200&height=630&fit=crop","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[20],"class_list":["post-263144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263144"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=263144"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263144\/revisions"}],"predecessor-version":[{"id":263146,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/263144\/revisions\/263146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/263145"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=263144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=263144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=263144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}