1 min readIt has happened: Deepfakes used to steal thousands of dollars

We knew deepfakes had the potential to be used in cyber crimes. Now that it has happened, how do we prevent it from happening again?

The first voice-spoofing attack in Europe which involved the fraudulent transfer of $243,000 to a Hungarian firm was finally publicized in August 2019 by the Wall Street Journal. Authorities believe that the attack has been conducted using a commercially available voice generating software. As of writing, no solutions have been offered to detect audio deepfakes.

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