Instances of such fraud have climbed nearly fifty-fold in the past two years in areas such recruitment and finance, the researchers said, calling for current trust in communication to be questioned and for employees to be trained to never trust, always verify. — Pixabay
NEW YORK: The growing sophistication of so-called deepfake videos that can mimic a specific person is adding to the arsenal of cybercriminals, with almost 5% of fraud attempts last year making use of the artificial intelligence-driven technology.
Deepfakes are now able to imitate real people in real time, meaning that tech-based con artistry has moved from "simple manipulation to full-scale infiltration," according to the Citi Institute, part of US investment bank Citigroup.
