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Prime Minister Lee Hsien Loong has warned Singaporeans to stay vigilant and protect themselves and loved ones against deepfake scams. A video has surfaced online, falsely showing Mr Lee endorsing a cryptocurrency scheme. He said these scammers use artificial intelligence tools to mimic voices and images. He warned that the use of such technology to spread disinformation will continue to grow.
A global surver done and 71% of respondents say that they do not know what a deepfake is let alone to know that deepfake can be used for malicious behaviour. Out of that 43% of global respondents responded that they cannot tell the difference between a real video and a deepfake. Matthias, the CEO of CyberXCenter advise the public how to differentiate potential deepfake videos. However, this number is drastically increasing because some of the deepfake technology are so good. It is getting harder to differentiate by the naked eye.
Reports from cybersecurity firms and law enforcement agencies indicate a rising trend in deepfake-related scams. Scammers have the ability to create videos featuring well-known personalities, famous individuals, or even relatives, urging the recipient to perform specific financial tasks, enhancing the deception's credibility.
what are some possible intentions of the creators?
Could be financial reason, to scam you of your money: These incidents range from fraudulent requests for money by impersonating someone known to the victim to more sophisticated schemes involving manipulated videos of public figures endorsing fake products or promoting fraudulent.
Political reasons – To influence certain reasoning on a politic or public figure. Such as making the person look bad.
Cyber Bullying – To create sensation so that you can destroy a person’s credibility.
Business reason – Such as to destroy a product.
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