Deepfake-Generating Apps Explode, Allowing Multimillion-Dollar Corporate Heists

February 5, 2024 at 05:28PM Deepfake creation software is rapidly spreading on the Dark Web, leading to an increase in AI-assisted financial fraud. In a recent incident, a Hong Kong-based employee fell victim to a deepfake scam, resulting in $25.5 million in fraudulent transactions. The availability of sophisticated deepfake tools poses a significant challenge for … Read more