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A multinational company in Hong Kong fell victim to a staggering $25.6 million (over Rs 200 crore) scam orchestrated using sophisticated deepfake technology, a report said.
The technology, leveraging contextual, behavioural, and categorical detection models, claims to have 90% accuracy rate in identifying AI-generated audio, distinguishing real content from manipulated media
Nithin Kamath, Zerodha CEO, warned that such fraudulent attacks are on the rise due to the surge of AI-powered apps capable of creating deepfakes
Nithin Kamath, Zerodha CEO, warned that such fraudulent attacks are on the rise due to the surge of AI-powered apps capable of creating deepfakes
The deepfake videos showed fake videos of CNN’s Wolf Blitzer and CBS’ Gayle King endorse medicines.