The police operation resulted in the seizure of computers, mobile phones, and about $25,756 in suspected proceeds and luxury watches from the syndicate’s headquarters. Police said that victims originated from multiple countries, including Hong Kong, mainland China, Taiwan, India, and Singapore. A widening real-time deepfake problem Realtime deepfakes have become a growing problem over the… Read More »
Enlarge / Cisco Systems headquarters in San Jose, California. reader comments 56 A Florida resident was sentenced to 78 months for running a counterfeit scam that generated $100 million in revenue from fake networking gear and put the US military’s security at risk, the US Department of Justice (DOJ) announced Thursday. Onur Aksoy, aka Ron… Read More »
reader comments 48 On Sunday, a report from the South China Morning Post revealed a significant financial loss suffered by a multinational company’s Hong Kong office, amounting to HK$200 million (US$25.6 million), due to a sophisticated scam involving deepfake technology. The scam featured a digitally recreated version of the company’s chief financial officer, along with… Read More »