Experts Say Deepfake Cybercrime Is Increasing

Deepfakes, manipulated photos, videos, and audio recordings, have become a significant cybersecurity threat due to advancements in AI and online tools. They have been used for bank fraud, blackmail, and political disinformation. Research shows that people are worse at detecting deepfakes than they think, and the results can be costly. Deepfakes have spread across all continents, affecting developed and developing nations, as well as regular citizens. Resemble AI reported an alarming escalation in deepfake attacks worldwide this year, with losses of more than $200 million in the first quarter alone. Fraudsters also play on our emotions, using deepfakes to secure bank loans via video calls. Tools from tech companies like Hive and top-to-bottom awareness in organizations about deepfakes are essential. The International Conference on Cyber Security (ICCS) brought together law enforcement, the private sector, and academia for three days of panels and workshops on countering cyberthreats