Whatever industry you work in, it can’t have escaped your notice that cyber fraud is steadily becoming more widespread and more sophisticated.
A recent viral video showed that some of these scams can be easy to foil.
In the clip, YouTuber Jim Browning asked a suspected fraudster to hold three fingers in front of his face. The caller was using a deepfake to disguise his identity and terminated the call when it was clear his deception would be revealed.
The ‘hold up three fingers’ test works because many deepfake masks glitch unmistakably when objects are placed in the foreground.
A simple test can currently offer a level of protection because deepfake technology lacks the sophistication to deal with the unexpected - for now.
The trouble is, if you think back just a couple of years you’ll recognise the speed at which this technology is moving.
AI technology is evolving at an astonishing pace - bringing numerous benefits, but new threats too.
It may not be long before AI video is completely indistinguishable from the real thing when seen through human eyes, meaning more sophisticated forms of security are needed to avoid falling victim to scammers.
If you’re conducting business online, now is the time to get security measures in place to keep you and your customers safely ahead of future threats.
Some of the ways you can protect yourself don’t need special technology, just an awareness that not everything can be taken at face value.
If you’re on the lookout for unusual behaviour, calls for urgency, offers that sound too good to be true, and other suspicious behaviour you’re well on the way to defeating fraudsters.
But for businesses dealing with large sums of money or sensitive information, it’s worth fighting sophisticated scammers with sophisticated security software.
Our remote contracting platform is packed with security measures offering protection from deepfake scams.
Where identity verification is required, Videosign integrates with trusted providers offering biometric and liveness checks to help confirm that participants are genuine before sensitive transactions take place.
Where a signature is required, Videosign uses eIDAS-compliant electronic signatures, offering flexible levels of assurance for each transaction with Simple, Advanced and Qualified signature options.
Scammers are working right now to build technology that will beat the ‘hold up three fingers’ test.
As AI continues to evolve, businesses should focus less on spotting convincing fakes themselves and more on building processes that verify identity and create trustworthy evidence by design.
Want to know more? Book a demo and find out more about our one-stop solution to remote contracting.