Malaysia’s Deepfake Fraud Surging at Alarming Rates

Quick Summary:

Malaysia is facing escalating AI-driven fraud attempts, driven by the surge in deepfakes.

Natalia Fritzen, AI Policy and Compliance Specialist at Sumsub, an identity verification and anti-fraud firm, told Fintech News Malaysia that her company observed a staggering 108% increase in Malaysia’s fraud rates between 2022 and 2023, with deepfakes soaring by 1,000% during the [...]

The post Malaysia’s Deepfake Fraud Surging at Alarming Rates appeared first on Fintech News Malaysia.

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Article Details

Category: StartupsBusinessTechnology

Markets: MalaysiaMaliSingapore

Topics: AI Sponsored Regtech/Regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 02:30:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 1082 words

Reading Time: 7 minutes read

Sentences: 31 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 23440440

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 6 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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