DEEP-FAKE TECH OFFERS FRAUDSTERS A NEW TOOL TO FOOL COMPANIES, GOVERNMENTS AND INDIVIDUALS

While most so-called ‘deep-fake’ technologies today have been used to spread fake images, videos and voice recordings of politicians, famous actresses and other public figures, a publicly-reported case emerged last year [2019] in which this advanced technology was leveraged to enhance cybercrimes such as financial fraud, identify theft, ransom and extortion requests, espionage and business email compromise scams. And in a post-Covid-19 era, in which more transactions may move to a digital-only space, corporate and governmental management of emerging ...


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