Hello. Driven by artificial intelligence, scammers are increasingly using true-to-life voice and video impersonations of top corporate executives to fool workers into handing over millions of dollars in cash, critical data and other business assets.

In the U.S., there were more than 105,000 deepfake-related attacks last year—or roughly an attack every five minutes—a massive jump from 2023, said Brian Long, chief executive and co-founder of OpenAI-backed cybersecurity firm Adaptive Security. Read our full story.

Also today: 

• Restaurant chain Panera to settle breach suit for $2.5 million
• Workday says customer contacts were accessed
• Hack at drug-researcher firm Inotiv disrupts business systems
• Oracle's security chief leaves after nearly 40 years at the company
• And more

A hack discovered on Aug. 8 at drug-industry research firm Inotiv has disrupted some corporate storage and business applications. The company took some systems offline as it works on recovery, Inotive said Monday in a regulatory disclosure, adding that there is no definitive timeline for restoration of services. (Bloomberg)

Settlements:

• Restaurant chain Panera Bread agreed to pay $2.5 million to settle a lawsuit from workers after a 2024 cyberattack compromised their personal data, including Social Security numbers. Nearly 150,000 current and former employees were affected. (Restaurant Business)
• New York-based BST & Co. CPAs, an accounting and consulting firm, paid $175,000 to the Department of Health and Human Services to resolve a case involving the breach of medical information after a 2019 ransomware attack. BST also agreed to develop a risk management plan that includes cyber vulnerabilities and to bolster employee training. 

Cyber business: Palo Alto Networks founder Nir Zuk has retired as tech chief and left the company's board. Zuk said he founded Palo Alto Networks about 20 years ago to challenge a stagnant cybersecurity industry, and that the company’s recent deal to acquire CyberArk is a testament to that ambition. (WSJ)

• Succeeding Zuk as CTO is Chief Product Officer Lee Klarich, who has also been added to the board.
• The company on Monday reported fiscal fourth-quarter earnings that topped estimates while revenue met Wall Street targets. The cybersecurity firm's fiscal 2026 guidance for Palo Alto stock came in above expectations, sending shares up. (Investors Business Daily)

Careers: Mary Ann Davidson is leaving as Oracle's chief security officer amid a reorganization, Bloomberg reported, citing a person familiar with the matter. Davidson joined Oracle nearly 40 years ago.

• The company recently said that Rob Duhart, a senior vice president, was taking on cyber operations. Duhart joined Oracle in May 2024 after almost three years as deputy CISO at Walmart. 

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.