ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

The Threat of Digital Impersonation: 5 Deep Fake Deceptions That Shook the Internet

Explore the top 5 deepfake scams that made waves on the internet increasing threat of AI deception.
PUBLISHED OCT 26, 2023
Attendees take photographs of a 3D hologram displayed during the Tokyo Game Show at Makuhari Messe on September 21, 2023 in Chiba, Japan. The trade show will be held until September 24. Getty Images | Photo by Tomohiro Ohsumi
Attendees take photographs of a 3D hologram displayed during the Tokyo Game Show at Makuhari Messe on September 21, 2023 in Chiba, Japan. The trade show will be held until September 24. Getty Images | Photo by Tomohiro Ohsumi

As deep fake takes over, the threat of the tech used for scam is even more visible

Deepfake technology has undergone rapid advancement in recent years, presenting scammers and fraudsters with a potent tool for deception. Manipulated videos and audio, exhibiting a level of realism that can be virtually indistinguishable from authentic content, have been harnessed for deceptive agendas.

British Prime Minister Rishi Sunak (L) meets with Ukraine's President Volodymyr Zelenskyy (R) during the European Political Community summit at the Palacio de Congreso on October 5, 2023 in Granada, Spain. Heads of state or government are expected to attend the meeting from all 27 EU member states and 20 European non-members, with the main focus of the summit being the 2022 Russian invasion of Ukraine and artificial intelligence. Getty Images | Photo by Juan Medina - Pool
British Prime Minister Rishi Sunak (L) meets with Ukraine's President Volodymyr Zelenskyy (R) during the European Political Community summit at the Palacio de Congreso on October 5, 2023 in Granada, Spain. Heads of state or government are expected to attend the meeting from all 27 EU member states and 20 European non-members, with the main focus of the summit being the 2022 Russian invasion of Ukraine and artificial intelligence. Getty Images | Photo by Juan Medina - Pool

This article delves into the top 5 deepfake scams that took the internet by storm, and serve as a stark reminder of the growing prevalence of deepfake technology as well as its potential to sow confusion, mistrust, and financial harm.

1. Robert Pattinson's Viral Deepfake on TikTok

Robert Pattinson attends the GO Campaign's Annual Gala 2023 at Citizen News Hollywood on October 21, 2023 in Los Angeles, California. Getty Images | Photo by Alberto E. Rodriguez
Robert Pattinson attends the GO Campaign's Annual Gala 2023 at Citizen News Hollywood on October 21, 2023 in Los Angeles, California. Getty Images | Photo by Alberto E. Rodriguez

In 2022, a deepfake video featuring actor Robert Pattinson surfaced on TikTok. This fake video generated a buzz as Pattinson had previously mentioned in interviews that he did not have any social media accounts. The account quickly gained over 660,000 followers after the first video was posted on March 24. However, vigilant fans were quick to question the authenticity of the videos, preventing the scam from progressing further.

2. Elon Musk's Deepfake Video Promoting a Crypto Scam

Elon Musk, CEO of Tesla and X, speaks to reporters as he leaves the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology. Getty Images | Photo by Nathan Howard
Elon Musk, CEO of Tesla and X, speaks to reporters as he leaves the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology. Getty Images | Photo by Nathan Howard

In 2022, cryptocurrency scams remained a persistent threat, marked by scammers resorting to deep fake technology for impersonating influential figures. Scammers leveraged a deepfake video featuring billionaire Elon Musk discussing cryptocurrency to promote a fraudulent scheme. However, investors had grown increasingly discerning, and quickly identified the telltale signs of a deepfake. This heightened awareness effectively thwarted the scammers' efforts. This episode underscores the critical importance of verifying the legitimacy of online content and staying well-informed about potential scams.

3. Scammers Impersonate Binance Executive Using a Deepfake 'Hologram'

An attendee snaps a photo of a hologram displayed at the Hypervsn booth during CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 08 and features about 3,200 exhibitors showing off their latest products and services to more than 100,000 attendees. Getty Images | Photo by David Becker
An attendee snaps a photo of a hologram displayed at the Hypervsn booth during CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 08 and features about 3,200 exhibitors showing off their latest products and services to more than 100,000 attendees. Getty Images | Photo by David Becker

In a daring move, scammers orchestrated an audacious scheme by crafting a deepfake video featuring a high-profile Binance executive, a key figure within the cryptocurrency industry. Their elaborate plan involved a sophisticated hacking team that utilized the executive's AI-generated hologram to deceive unsuspecting individuals into participating in fake meetings. As these deceptive tactics evolve, it becomes imperative for organizations and individuals to remain vigilant, adapt to emerging threats.

4. Interview for Remote Work Using Deepfake Videos

An FBI agent joins police on the perimeter of a search zone for an escaped prisoner on September 08, 2023 in Kennett Square, Pennsylvania. Law officers, tactical teams, cops on horseback, tracking dogs, and aircraft are all searching for Danelo Souza Cavalcante, a 34-year-old from Brazil, who escaped from the Chester County Prison on Aug. 31. Getty Images | Photo by Spencer Platt
An FBI agent joins police on the perimeter of a search zone for an escaped prisoner on September 08, 2023 in Kennett Square, Pennsylvania. Law officers, tactical teams, cops on horseback, tracking dogs, and aircraft are all searching for Danelo Souza Cavalcante, a 34-year-old from Brazil, who escaped from the Chester County Prison on Aug. 31. Getty Images | Photo by Spencer Platt

The rise of remote work has given rise to a new breed of employment-related scams. The FBI Internet Crime Complaint Center (IC3) issued a warning about an increase in scammers using deepfake videos to manipulate online interviews for remote job positions. Criminals posed as job applicants and successfully secured employment, exposing a vulnerability in remote hiring processes. This case underscores the need for organizations to bolster their online hiring procedures to verify the authenticity of candidates.

5. The Controversial Zelesky Deepfake Video

 Ukraine's President Volodymyr Zelenskyy poses for a photo before a meeting with British Prime Minister Rishi Sunak during the European Political Community summit at the Palacio de Congreso on October 5, 2023 in Granada, Spain. Heads of state or government are expected to attend the meeting from all 27 EU member states and 20 European non-members, with the main focus of the summit being the 2022 Russian invasion of Ukraine and artificial intelligence. Getty Images | Photo by Juan Medina - Pool
Ukraine's President Volodymyr Zelenskyy poses for a photo before a meeting with British Prime Minister Rishi Sunak during the European Political Community summit at the Palacio de Congreso on October 5, 2023 in Granada, Spain. Heads of state or government are expected to attend the meeting from all 27 EU member states and 20 European non-members, with the main focus of the summit being the 2022 Russian invasion of Ukraine and artificial intelligence. Getty Images | Photo by Juan Medina - Pool

During the Russia-Ukraine conflict, a contentious deepfake video featuring President Zelesky circulated on social media and was even posted on a Ukrainian news website by hackers. The video falsely depicted the President instructing soldiers to lay down their weapons at a critical time in the conflict. Fortunately, this deepfake was swiftly debunked and removed. This incident serves as a reminder of the grave real-world consequences of deepfake manipulation.

MORE ON MARKET REALIST
In the end, Mr Wonderful cut off Greiner with a deal that the founder of Wad Free couldn't refuse.
6 hours ago
Seacrest got geniunely spooked as he couldn't figure out who played a prank on him.
7 hours ago
The seller brought some "Secret Service" memorabilia of former Attorney General J. Howard McGrath.
11 hours ago
The guest was already emotional because of the backstory involving native Alaskans.
1 day ago
The player once again fumbled a puzzle despite moving forward in the game.
1 day ago
The host didn't want to get more of the weird answers on the show anymore.
1 day ago
The founder of Beyond Sushi impressed the Sharks with 100% plant based flavors.
1 day ago
The Shark jumped back in to the deal as he thought his wife would love the product.
2 days ago
The guest who bought the item at a charity store had no idea that it was over 3,000 years old.
2 days ago
When the rare coin showed up on Harrison's table, he had to take his old man's approval for the deal.
3 days ago
Fans said that such behavior was unnecessary and slammed the antics as self-congratulatory.
3 days ago
Several customers took to social media to complain about spoilt milk that they purchased from the store.
3 days ago
Despite the massive appraisal, the brothers shared that they would never sell their collection.
3 days ago
Harrison is often impressed by suits belonging to legendary musicians or actors.
3 days ago
The founder of 'Permaplug' had done his research on the Sharks to help make a decision.
4 days ago
When the item turned out to quite a valuable artifact, Harrison refused to let it go.
4 days ago
The Sharks formed teams and ditched their partners to get a deal with "The Woobles".
4 days ago
With a tiny margin of four steps, the player won prizes worth $8,000 after a tense game.
5 days ago
The recall was issued amid reports of multiple deaths and over a dozen illnesses across 13 states.
5 days ago
The player celebrated her way to the stage and then got more than one reason to celebrate.
5 days ago