Tag: deepfakes

OpenOrigins, the startup redefining trust in digital media, has secured a significant $4.5m in seed funding.

Deepfakes are deceptive creations, ranging from audio to videos, manipulate genuine footage to fabricate scenarios that never actually happened.

Santander, a leading global bank, has announced a new initiative to combat the growing threat of AI deepfake scams.

Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.

There has been a staggering 704% increase in face swap attacks, a form of deepfake, from the first half (H1) to the second half (H2) of 2023, according to a comprehensive report by iProov.

As Artificial Intelligence (AI) continues its transformative march across various sectors, the financial industry stands as a fertile ground for its advancements. The marriage of AI and FinTech promises unparalleled progress, yet beneath this indication of innovation lies a subtle, looming threat – the potential for an AI-induced financial crisis, fuelled by the sinister hands of deepfakes. RegTech firm Sybrin investigates.

RegTech iProov's new solution is set up to tackle the rising threat of deepfake-based cybercrime.

Over three quarters (77%) of chief security officers (CS0s) in the financial sector are worried about the use of deepfake video, audio and images.