![]() ![]() That's because if you're like most of my clients, you have fewer financial controls than larger organizations and you're probably increasing your use of online services to pay your bills. ![]() You may think that your business is too small to be impacted, but I don't think so. And it's likely that audio will be more commonly used than video because, according to Moore, manipulating audio is "easier to orchestrate than making deep fake videos." Now that it's out there, this technology is increasingly being used for blackmail, fraud and identity theft. Just go to sites like Resemble or Descript and then check out how amateur pranksters are creating videos like these that show just how easily we can be fooled into thinking something that we see (and hear) is real, even when it's not. What's even more terrifying is that deep fake technology is easily found online. "We are currently on the cusp of malicious actors shifting expertise and resources into using the latest technology to manipulate people who are innocently unaware of the realms of deep fake technology and even their existence." "Audio and visual deep fakes represent the fascinating development of 21st century technology, yet they are also potentially incredibly dangerous posing a huge threat to data, money and businesses," Jake Moore, a cybersecurity expert, told Forbes. Forbes also reported that an energy company in the UK fell for a similar ruse in 2019 and lost about $243,000. Oh, and this isn't the first time something like this has happened. And by the time the bank discovered the error, the money was long gone. It was a "deepfake" of the director's voice. According to a report in Forbes, a manager at the bank got a call from one of the bank's directors requesting that he make a transfer of $35 million in order to fund an acquisition. ![]()
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