05/08/2024
Impact of Deepfake
Fraud and scams
Fraudsters and scammers make use of deepfakes to trick people into fake investment schemes, financial fraud, cryptocurrencies, sending money, and following endorsements. The likenesses of celebrities and politicians have been used for large-scale scams, as well as those of private individuals, which are used in spearphishing attacks. According to the Better Business Bureau, deepfake scams are becoming more prevalent.[99]
Extracts from
Deepfakes (a portmanteau of "deep learning" and "fake"[1]) were originally synthetic media[2] that had been digitally manipulated to replace one person's likeness convincingly with that of another. The term, coined in 2017 by a Reddit user, has been expanded to cover any videos, pictures, or audio m...