I am excited to announce that Reality Defender has secured strategic investments from BNY, Samsung Next, and Fusion Fund. This partnership represents a powerful acceleration of our mission to protect critical communication channels from increasingly sophisticated deepfake impersonations.
The timing is pivotal. In 2024, we witnessed deepfake attempts occurring every five minutes, with AI-generated deception now accounting for 40% of all biometric fraud according to Entrust. These aren't just statistics — they represent tangible vulnerabilities in systems that financial institutions, enterprises, and government agencies rely on daily for secure transactions and communications.
Building Technology for a Trustworthy Digital Future
Since founding Reality Defender in 2021, our team has pioneered multimodal detection technology that works at the speed of communication. Our platform, recognized as the Most Innovative at the 2024 RSA Innovation Sandbox, enables organizations to detect sophisticated deepfake impersonations in real-time across call centers, web conferences, and other critical communication channels.
With these strategic partnerships, we are positioned to scale our solution during the timeof heightened deepfake volatility. BNY brings unparalleled expertise in financial services security, Samsung Next provides global reach and technical innovation, and Fusion Fund offers deep experience in AI.
As deepfakes continue to spread and cause tangible damages, the ability to distinguish between authentic and manipulated media is fundamental to preserving trust in our digital ecosystem. At Reality Defender, we are helping organizations and governments in today's AI-powered world by securing their critical communication channels against deepfake impersonations.
The future of security is being written today, and with our partners' support, Reality Defender is leading the charge in securing what matters most: our ability to trust what we see and hear.