Threat of deepfakes
Criminals are constantly trying to circumvent fraud prevention and identity verification methods using creative methods like deepfakes. This often requires overriding validation steps to ensure that bots do not gain access. Deepfake apps are now able to produce images of real people in arbitrary situations or even create legitimate-looking videos of people who don't exist. Platforms that rely on identity verification will therefore be forced to require more complex evidence to verify that access requests come from real people. When using financial platforms, users often need to record a video...
