Deepfake Scams Drive Surge in £9.4bn Fraud, Boosting Cybersecurity ETF Demand
UK consumers lost £9.4 billion to AI-powered scams between Nov 2024 and Nov 2025, fueling demand for advanced identity verification, behavioral analytics, and zero-trust security infrastructure. First Trust NASDAQ Cybersecurity ETF holds providers of cloud security, network defense and AI-driven fraud detection poised to benefit from increases in cybersecurity spending.
1. Surge in Deepfake Fraud
Deepfake technology has enabled fraudsters to clone executive voices, fabricate endorsements and mass-produce personalized investment pitches, contributing to UK consumer losses of £9.4 billion between November 2024 and November 2025.
2. ETF Exposure
The First Trust NASDAQ Cybersecurity ETF holds companies focused on cloud security, network defense and AI-driven fraud detection, positioning the fund to capture increased demand for advanced cyber defenses.
3. Structural Spending Shift
Market participants expect security spending to evolve from discretionary upgrades to structural investments in identity verification, behavioral analytics and zero-trust frameworks as organizations seek to counter escalating AI-powered scams.