Deepfake Fraud Surges More Than 1,000 Percent, Insiders Say It’s Just the Beginning

The Epoch Times Header

As the line between fact and fiction gets harder to distinguish, online criminals need just two hours to create a realistic, computer-generated “deepfake” product that can ruin someone’s life.

The surge in popularity of hyper-realistic photos, audio, and videos developed with artificial intelligence (AI)โ€”commonly known as deepfakesโ€”has become an internet sensation.

It’s also giving cyber villains an edge in the crime world.

Between 2022 and the first quarter of this year, deepfake use in fraud catapulted 1,200ย percentย in the United States alone.

Though it’s not just an American problem.

In the same analysis, deepfakes used for scam purposes exploded in Canada, Germany, and the United Kingdom. In the study, the United States accounted for 4.3 percent of global deepfake fraud cases.

Meanwhile, AI experts and cybercrime investigators say we’re just at the tip of the iceberg. The rabbit hole of deepfake fraud potential just keeps going.

“I believe the No. 1 incentive for cyber criminals to commit cybercrime is law enforcement and their inability to keep up,” Michael Roberts told The Epoch Times.

Mr. Roberts is a professional investigator and the founder of the pioneer companyย Rexxfield,ย which helps victims of web-based attacks.

He also started PICDO, a cyber crime disruption organization, and has run counter-hacking education for branches of the U.S. and Australian militaries as well as NATO.

Mr. Roberts said legal systems in the Western world are “hopelessly overwhelmed” by online fraud cases, many of which include deepfake attacks. Moreover, the cases that get investigated without hiring a private firm are cherry-picked.

“And even then, it [the case] doesn’t get resolved,” he said.

The market for deepfake detection was valued at $3.86 billion dollars in 2020 and is expected to grow 42 percent annually through 2026,ย accordingย to an HSRC report.

Byย Autumn Spredemann

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

Viewers like you

There is no constitutional authority for any spending on public broadcasting โ€“ period. Any questions: See Article 1, Section 8 of the U.S. Constitution.

Beyond the Trump-Musk fallout?

We are witnessing an unprecedented, unhinged Democrat effort to use lawfare, big Democrat donors, street theater, congressional disruptions, potty-mouth videos, the administrative state, the legacy media, and discredited pollsters to stop the Trump agenda.

Trans-wormal

No worm ever said "I am anthropomorphizing, I am a butterfly" to a toad or flock of geese and expected acknowledgement and support.

In Greenlandโ€™s Icy Capital, Past Troubles Haunt Hopes for the Future

As geopolitical realities and ongoing economic growth raise the stakes, U.S. interest in Greenland and the dream of independence may change things in a big way.

How a Chinese Government Statistician Was Forced to Report Fake Data

Chinese local govt employee produced a non-authorized report on bees and was visited by police and threatened with being sent to a mental hospital.

News

Supreme Court Sides With DOGE in Social Security, Records Cases

The Supreme Court handed DOGE two big wins late on June 6 in its effort to reduce the size of the federal government.

Kilmar Abrego Garcia Returns to US to Face Criminal Charges

Kilmar Abrego Garcia, a citizen of El Salvador, is on his way back to the US, where he will face criminal charges for allegedly smuggling illegal immigrants.

White House Adviser Gives Update on DOGEโ€™s Future Amid Muskโ€“Trump Spat

A top White House adviser said DOGEโ€™s work will likely continue amid a spat between its former chief, Elon Musk, and President Donald Trump.

Trump Administration Asks Supreme Court to Allow Dismantling of Education Department

Trump admin asked Supreme Court to allow it to resume dismantling U.S. Dept of Education, following a lower courtโ€™s previous order halting process.

FTC Warns of Rising Student Loan Scams, Says Fraudsters Took Millions From Borrowers

FTC is warning borrowers to steer clear of student loan debt-relief scams, after shutting down group of companies that allegedly charged millions in illegal fees and left customers worse off.

Walmartโ€™s Drone Delivery Coming to 5 More US Cities

Walmart is set to launch its drone delivery service in five more U.S. cities: Atlanta, Charlotte, Houston, Orlando, and Tampa, the company.

Court Orders Trump Administration to Restore AmeriCorps Funding to States

Federal court ordered Trump admin to restore AmeriCorps funding to states. The ruling comes as part of a lawsuit filed by 24 states and DC.

Tax Deductions You Can Take Without Itemizing

Itโ€™s not always beneficial to itemize. With IRSโ€™s current standard deduction for 2025 most Americans who canโ€™t itemize go with standard deduction.
spot_img

Related Articles