In February 2026, Figure Technology suffered a breach affecting nearly one million customers after attackers bypassed MFA using a real-time session interception attack, exposing the critical gap in human-to-human verification.

Agentic AI has made impersonation faster, cheaper, and easier to scale. Criminals can now automate research, clone voices, generate convincing deepfakes, and run social engineering campaigns with a level of realism that is difficult to detect.