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The Next Cybercrime Wave Won’t Hack Systems, It Will Impersonate People – Expert warns

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“Throughout my career building AI and cybersecurity products as a technical product manager, I’ve observed a consistent pattern: organizations pour resources into defending infrastructure, securing networks, hardening servers, protecting credentials, and encrypting data,

“said Olufunbi Babalola, a recognized AI and cybersecurity product manager. “We construct defense-in-depth architectures designed to repel intruders. Yet I’m increasingly convinced we’re fortifying against yesterday’s battlefield. Olufunbi Babalola believes the emerging threat won’t primarily target technical defenses. Instead, it will exploit trust in human identity itself.

AI capabilities have transformed impersonation from a labor-intensive craft into an industrial-scale operation. Modern voice synthesis recreates individual speech characteristics—rhythm, inflection, vocal texture—with disturbing fidelity. Video deepfakes now reproduce facial movements and expressions convincingly enough to fool both casual observers and automated verification systems. Attackers no longer need to breach security perimeters. They sidestep them entirely by masquerading as trusted individuals.

The real-world manifestations are already visible. Financial fraud increasingly leverages AI-synthesized voice calls where “executives” authorize fraudulent wire transfers. Identity theft has evolved beyond credential compromise to encompass fully fabricated personas that clear standard verification processes.

voice-based approvals, even biometric systems—have become potential vulnerabilities, Olufunbi Babalola explained. The fundamental danger lies in how systems were designed. Most were constructed when observing someone’s face or recognizing their voice constituted reliable proof of identity.

“This isn’t simply a matter of deploying better detection algorithms. Many enterprises already utilize sophisticated AI models for fraud detection. The problem runs deeper—it’s structural, Olufunbi Babalola noted. “Impersonation attacks target the seams between systems, the handoff points where identity verification, authorization logic, and human decision-making converge.

” These attacks thrive in processes built around trust assumptions rather than adversarial scenarios. “My experience as a product leader has taught me that challenges of this magnitude can’t be addressed by layering on additional security tools. They demand fundamental reconsideration of how we establish and maintain trust,

Identity verification cannot remain a static, point-in-time event. It must become a continuous process, dynamically evaluated based on behavioral patterns, contextual signals, and cross-system validation. Failing to evolve carries consequences that transcend financial damage. Organizations risk undermining trust in digital interaction as a whole. When uncertainty pervades every voice call, video meeting, and transaction—when people cannot reliably verify who sits on the

other end—the entire edifice of digital commerce and communication becomes unstable. Olufunbi Babalola contends that cybercrime is shifting from a predominantly technical challenge to a fundamentally social one, weaponizing dependence on human cues and interpersonal trust. The critical question isn’t whether adversaries will capitalize on this transformation. It’s whether organizations can reimagine their systems with sufficient speed to meet the threa

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