AI’s role in combating the other AI: Artificial identities

By Arun Shrestha, CEO and co-founder of BeyondID

Earlier this year, an employee in the finance department of a multinational company based in Hong Kong was scammed by bad actors who digitally recreated a version of the company’s chief financial officer. The deepfake CFO – created through publicly available video footage – ordered money transfers during a Zoom call with multiple participants. It turns out, the only real person on the call was the employee and yet it was so …

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