Headline : Addressing the Deepfake Risk to Biometric Security

Read more from the original article on here at www.technewsworld.com.

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A Hong Kong bank recently fell victim to an impersonation scam in which a bank employee was tricked into transferring $25.6 million to thieves after a video call with the bank CFO and other colleagues. But none of them were real people — all were deepfakes created with the help of artificial intelligence.

This incident illustrates how cybercriminals can use deepfakes to trick humans and commit fraud. It also raises concerns about the threats that deepfakes pose to biometric authentication systems.

The use of biometric markers to authenticate identities and access digital systems has exploded in the last decade and is expected to grow by more than 20% annually through 2030. Yet, like every advance in cybersecurity, the bad guys are not far behind.

Anything that can be digitally sampled can be deepfaked — an image, video, audio, or even text to mimic the sender’s style and syntax. Equipped with any one of a half dozen widely available tools and a training dataset like YouTube videos, even an amateur can produce convincing deepfakes.

Read more from the original article on here at www.technewsworld.com.

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