#DeepfakeScam

UK Royal Family, Prime Minister Deepfakes Make Rounds on Meta

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August 14, 2024 at 01:54PM Deepfake videos of UK’s Prime Minister Keir Starmer and Prince William are being used to promote the fraudulent cryptocurrency platform “Immediate Edge” on Meta platforms. The AI-generated videos falsely endorse the platform, deceiving viewers into thinking they will receive money. Researchers found that these ads have reached over 891,834 people, … Read more

A Deepfake Scammed a Bank out of $25M — Now What?

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February 9, 2024 at 11:58AM Finance worker in Hong Kong was scammed out of $25 million by deepfake video conference impersonating company’s CFO. Trend Micro previously warned about this type of fraud. Increasing accessibility to deepfake technology and AI-powered fraud is heightening the risk. Organizations need to strengthen processes, collaborations, and defense technology to defend … Read more