Key Points
A finance worker in Hong Kong transferred more than $25 million to scammers after they posed as his chief financial officer and other colleagues on a video conference call, marking perhaps the biggest known corporate fraud using deepfake technology to date..
According to David Maimon, a criminology professor at Georgia State University, online fraudsters have been using real-time deepfakes on video calls since at least last year for smaller-scale fraud including romance scams..
If in doubt, you could ask your video conference counterpart to perform a a unique gesture, like touching their ear or waving a hand, which can be difficult for deepfakes to replicate convincingly in real-time..
Update your software: Make sure that you are using the latest version of video conferencing software in case it incorporates security features to detect deepfakes..
Now some deepfakes can convincingly move their heads side to side. . For years fraudsters have hacked into computers of wealthy people, hoovering up their personal information to help them get through security checks with their bank..
