IT

Deepfake detection in 2024: Why it matters and how to fight it?

The year 2024 began with a jaw-dropping incident demonstrating the devastating affect of deepfakes that made it into the international headlines. On February 2024, a company in Hong Kong became victim to deepfake fraud to the tune of $25 million (HK$ 195 million). A finance executive transferred the funds from the company account after being directed by the deepfake of CFO and several colleagues in a video call.

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