Tag: deepfakes
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Study: AI-powered deepfakes see 1530% usage in APAC posing a security threat

A new report revealed a 1530% increase in deepfake fraud in the APAC region, with the Philippines seeing a 4500% surge. Top industries affected include online media, professional services, and healthcare. Regulatory measures, such as enhanced monitoring for suspicious transactions, are being implemented in countries like Hong Kong and Singapore to combat this growing threat.