Deepfakes will be the first real punch AI delivers to humanity. The cybersecurity industry is in a race against time to stop deepfakes from undermining the public's faith in reality. Deepfakes are a new threat to cybersecurity. The most powerful cyber-weapon ever, AI-generated synthetic media is about to be used for malicious purposes. We expect deepfakes to be used in destructive ways, primarily as phishing scams, very soon. The main limitation is that there are no legitimate voice-swapping methods, which is a greater danger than face/head swapping.