WEF's analysis reveals how the FTC is drafting new laws to criminalize harmful deepfake production and distribution in response to rising AI-enabled fraud and the 2024 election cycle, including a Biden voice deepfake targeting New Hampshire voters. The assessment connects deepfakes to broader democratic threats including misinformation ranked as the top global risk for 2024, while highlighting how these technologies can erode public trust in government, media, and institutions. This global policy perspective emphasizes the Forum's Digital Trust Initiative and Global Coalition for Digital Safety efforts to combat disinformation through whole-of-society approaches building media literacy and technological safeguards.