The Looming Threat of Deepfakes: A New Era of Financial Fraud
I’ve written recently about how AI can empower compliance teams to do their work.The flip-side is that fraudsters can also leverage AI. In an ominous development, fraudsters are now using generative AI techniques including deepfakes, short for “deep learning fakes,” to create counterfeit documents, from bank statements to driver’s licenses to passports. Generative AI techniques
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