Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

Deepfakes on TikTok raise new security concerns

Deepfakes on TikTok raise new security concerns

Deepfakes have started showing up on the popular video app TikTok, owned by ByteDance, a Chinese internet company. It has become one of the most popular social media platforms among the youth and some users are even becoming famous through the application’s wide reach. 

Deepfakes are manipulated videos or other digital representations produced by sophisticated AI technology, that yield false or counterfeit pictures and sounds that seem to be real. It involves the use of powerful techniques such as Artificial intelligence and Machine learning to create visual and audio content that has a high potential to deceive.

Charli D’Amelio, a fifteen-year-old, has due to her amazing choreography and dancing skills, become one of the most popular influencers on TikTok. Some TikTok users are taking up her videos and exploiting her content to attain popularity. This is done through deepfakes. 

For instance, Jesse Richards (@deepfaker), a TikTok user with 7,500 followers, has reposted some of Charli’s videos on his own account. In some of the videos, he has replaced her face with the face of The Office character Michael Scott, for viral purposes. 

Deepfakes are generally considered unethical and are disliked in many communities because they can give a perception that someone said or did something they have actually never done.

Deepfakes technology has raised concerns over how it could be used to spread false information and damage reputations of anyone anywhere. During the Trump-Hillary political conflict, many deepfakes were created for entertainment purposes. Because of the potential drawbacks, Facebook has announced that it would completely remove deepfakes from its platform. 

Furthermore, Twitter also reveals its plans for addressing deepfakes. 

Related Posts

News

Panama & the Cayman Islands’ AML Efforts May Lead to Removal From FATF Gray List

According to the Paris-based watchdog, Financial Action Task Force (FATF), Panama and the Cayman ...

Panama & the Cayman Islands’ AML Efforts May Lead to Removal From FATF Gray List Explore More

News

FATF Report Highlights Weaknesses in South Africa’s AML Systems

South Africa has a solid legal framework to combat money laundering and terrorist financing but h...

FATF Report Highlights Weaknesses in South Africa’s AML Systems Explore More

News

Cyprus to Test UBO Registration System for AML Compliance

The government of Cyprus has indicated it will test a system for registering ultimate beneficial ...

Cyprus to Test UBO Registration System for AML Compliance Explore More

News

Twitter Breach – Bitcoin Scams to the Next Level

A massive attack is reported on Twitter accounts of high-profile and well-recognized brands. Hack...

Twitter Breach – Bitcoin Scams to the Next Level Explore More

News

Study Reveals Alabama to be the Center for Identity Theft and Fraud

According to the latest study, Alabama has become the state with one of the highest rates of iden...

Study Reveals Alabama to be the Center for Identity Theft and Fraud Explore More

News

Money Laundering Ring Pushed $4bn through 60 HSBC Accounts within 2 Years

60 HSBC accounts were used to launder USD 4.2 billion in Hong Kong.  An investigation carried out...

Money Laundering Ring Pushed $4bn through 60 HSBC Accounts within 2 Years Explore More

News

The State Bank of Vietnam Demands More Freedom and Power to be Granted to the Anti-Money Laundering Bureau

The State Bank of Vietnam (SBV) requested the government to enhance security by providing more fr...

The State Bank of Vietnam Demands More Freedom and Power to be Granted to the  Anti-Money Laundering Bureau Explore More

News

FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack

US Federal Bureau Investigation (FBI) has revealed that the North Korean hacking group, Lazarus, ...

FBI Reveals North Korea’s Lazarus Group Involvement in $41 Million Stake Hack Explore More

News

Europol Releases First Financial and Economic Crime Report

Europol has published its first-ever threat assessment report on financial and economic crimes, h...

Europol Releases First Financial and Economic Crime Report Explore More

News

Japan Revises Six Laws to Tackle Money Laundering in Cryptocurrency

The Japanese government is pondering enacting a new law. The “bundling bill” proposed...

Japan Revises Six Laws to Tackle Money Laundering in Cryptocurrency Explore More

News

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations

Two more cryptocurrency firms – mining pool Simplecoin and bitcoin gaming platform Chopcoin...

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations Explore More

News

The Bahamas to Launch a Payment Card for Central Bank Digital Currency

Bahamas’ Central Bank has joined hands with Mastercard and digital payment startup Island Pay to ...

The Bahamas to Launch a Payment Card for Central Bank Digital Currency Explore More

News

Binance Fined $3.4 million by Dutch Central Bank For Violating Regulatory Laws

The  De Nederlandsche Bank (DNB) fined Binance with $3.4 million for failing to get regulatory ap...

Binance Fined $3.4 million by Dutch Central Bank For Violating Regulatory Laws Explore More

News

US Financial Committee to Investigate Crypto to Combat Terrorist Financing

The US House of Financial Service Committee (FSC)  is set to conduct an in-depth investigation of...

US Financial Committee to Investigate Crypto to Combat Terrorist Financing Explore More

News

UK’s FCA Warns Challenger Banks Over Inadequate AML Measures

The UK’s main financial regulator has warned challenger banks to improve measures for fighting fi...

UK’s FCA Warns Challenger Banks Over Inadequate AML Measures Explore More

News

France to Consider Amendment Obliging Crypto Firms to Obtain Licenses

In January 2023, the French Parliament will consider the amendment to cancel the favorable treatm...

France to Consider Amendment Obliging Crypto Firms to Obtain Licenses Explore More

News

Japan Considers Facial Recognition to Trace Contact at Large Scale Events

According to the Japan Times report, the country is planning to introduce facial recognition at l...

Japan Considers Facial Recognition to Trace Contact at Large Scale Events Explore More

News

China Introduces 5-Point Strategy to Enforce Crypto AML Measures

China’s newly appointed governor of the Central Bank emphasised the AML regulations to safeguard ...

China Introduces 5-Point Strategy to Enforce Crypto AML Measures Explore More

News

Banks take measures to serve customers amid COVID-19

The banking industry is stepping up to serve customers as well as their employees as the Coronavi...

Banks take measures to serve customers amid COVID-19 Explore More

News

AUSTRAC Initiates Probe into Sportsbet and Bet365 over Money Laundering Suspicions

AUSTRAC launches investigations into gambling firms for suspicions of failing AML/CFT compliance,...

AUSTRAC Initiates Probe into Sportsbet and Bet365 over Money Laundering Suspicions Explore More

News

Ghost Coin deployed as payment for vending machines in Hong Kong

Ghost Coin, the privacy coin headed by John McAfee, can now be installed in vending machines in H...

Ghost Coin deployed as payment for vending machines in Hong Kong Explore More

News

US Financial Authority Removes Provisional Crypto AML Regulations

The United States government removed two provisions from the National Defence Authorisation Act (...

US Financial Authority Removes Provisional Crypto AML Regulations Explore More

News

US Treasury Targets Russian Oligarchs as Part of New to Tackle Illicit Finance

Strategy imposed by the US Treasury to combat illicit finance targets Russian Obligarch as part o...

US Treasury Targets Russian Oligarchs as Part of New to Tackle Illicit Finance Explore More

News

Canada Seeks to Digitize ID-Documents for Enhanced Security Measures

Canada, Ontario’s government is working towards digitizing the identity documents and seeks publi...

Canada Seeks to Digitize ID-Documents for Enhanced Security Measures Explore More

News

Saudi Arabia Permits 9 FinTech Companies to Operate in Regulatory Sandbox

The Saudi Arabian Monetary Authority (SAMA) announced that it has allowed nine more FinTech firms...

Saudi Arabia Permits 9 FinTech Companies to Operate in Regulatory Sandbox Explore More

News

Chinese Authorities Bust 93 for Crypto Money Laundering Worth RMB 40 Billion

Chinese Authorities in the Hunan province have busted a criminal ring of 92 individuals for alleg...

Chinese Authorities Bust 93 for Crypto Money Laundering Worth RMB 40 Billion Explore More

News

SRA Fines Scarborough Law Firm for Long-term AML Compliance Failures

The Solicitors Regulation Authority (SRA) has fined Scarborough law firm Pinkney Grunwells Lawyer...

SRA Fines Scarborough Law Firm for Long-term AML Compliance Failures Explore More

News

UAE: Virtual Asset Fraudsters to Face Imprisonment, Dh 1M Fine

Residents in the UAE have been advised to perform due diligence procedures prior to investing in ...

UAE: Virtual Asset Fraudsters to Face Imprisonment, Dh 1M Fine Explore More

News

HKMA Reveals Phishing Fraud Went Up by 145% in 2021

Statistics revealed by HKMA show that phishing fraud rose by 145% in the first half of 2021.  Hon...

HKMA Reveals Phishing Fraud Went Up by 145% in 2021 Explore More

News

Following an FCA Crackdown, Cryptocurrency Investors to Wait 24 Hours Before Completing Their Transactions in the UK

The Financial Conduct Authority (FCA) crackdown forces new crypto investors in the UK to wait 24 ...

Following an FCA Crackdown, Cryptocurrency Investors to Wait 24 Hours Before Completing Their Transactions in the UK Explore More

News

Italy Launches Money Laundering Investigations into Qatargate Associates

Italian prosecutors have launched a probe related to the EU parliament Qatargate affair as a new ...

Italy Launches Money Laundering Investigations into Qatargate Associates Explore More

News

MEPs Disclose Plans To Crack Down On Money Laundering – AMLA Reports

The civil liberties and economic affairs committees discussed the plan to establish an EU Authori...

MEPs Disclose Plans To Crack Down On Money Laundering – AMLA Reports Explore More

News

Digital Payment Providers Collaborate with UBA to Combat Scams in the Financial Sector

The National Payment Systems Services Association has collaborated with Uganda Bankers Associatio...

Digital Payment Providers Collaborate with UBA to Combat Scams in the Financial Sector Explore More

News

New Jersey Hospital System Hit By a Ransomware Attack

One of the largest hospital systems of New Jersey has reported that it was hit by a ransomware at...

New Jersey Hospital System Hit By a Ransomware Attack Explore More

News

Malaysia Leads Southeast Asian Peers in Implementing Anti-Money Laundering and Counter-Terrorism Financing Regulations

Malaysian financial institutes are leading other South Asian countries in complying with anti-mon...

Malaysia Leads Southeast Asian Peers in Implementing Anti-Money Laundering and Counter-Terrorism Financing Regulations Explore More

News

German Parliament Passes Anti-Money Laundering Laws

On Thursday, the German parliament passed a draft of anti-money laundering measures to make sure ...

German Parliament Passes Anti-Money Laundering Laws Explore More

News

China’s digital yuan to be tested by 19 firms including McDonald’s and Starbucks

Starbucks and McDonald’s are among 19 businesses that will test China’s new digital c...

China’s digital yuan to be tested by 19 firms including McDonald’s and Starbucks Explore More

News

Austria- The Growing Hub of Cryptocurrency Approves 18 Operating License

Financial Supervisory Authority like FMA of Austria received requests from forty digital asset pr...

Austria- The Growing Hub of Cryptocurrency Approves 18 Operating License Explore More

News

Growing List of Countries are Introducing Regulations on Crypto

Ukraine’s Parliament officially adopted the Draft Law On Virtual Assets. Prior to this, cryptocur...

Growing List of Countries are Introducing Regulations on Crypto Explore More

News

IMF Urges El Salvador to Restrict Cryptocurrencies as Legal Tender Amid Money Laundering Risks

The International Monetary Fund (IMF) is persuading El Salvador to revoke the initiative of makin...

IMF Urges El Salvador to Restrict Cryptocurrencies as Legal Tender Amid Money Laundering Risks Explore More

News

COVID-19 Vaccines at the Risk of being Illegally Obtained by Fraudsters

There is nothing more awaited than the coronavirus vaccine this year. The international agencies ...

COVID-19 Vaccines at the Risk of being Illegally Obtained by Fraudsters Explore More

News

Europol Releases First Financial and Economic Crime Report

Europol has published its first-ever threat assessment report on financial and economic crimes, h...

Europol Releases First Financial and Economic Crime Report Explore More

News

Swiss Govt. to Amend Banking Act for Press Freedom in Finance Sector

The Swiss Government has signaled to amend the banking act for press freedom in the finance secto...

Swiss Govt. to Amend Banking Act for Press Freedom in Finance Sector Explore More

News

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit

BC has released a money laundering report that carries multiple recommendations and includes the ...

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit Explore More

News

US Treasury Department Issues AML Study for the Art Market

The US Treasury Department Issues anti-money laundering (AML) study for the art market, aiming to...

US Treasury Department Issues AML Study for the Art Market Explore More

News

FATF Publishes Two New Updates on Global ML/TF Risks

FATF, the international group that makes global Anti-Money Laundering and Countering Terrorism Fi...

FATF Publishes Two New Updates on Global ML/TF Risks Explore More

News

Rise in Fraud from COVID-19 Bounce Back Loan Scheme

Fraudsters are stealing the money around £400M from taxpayers in the UK through the support loans...

Rise in Fraud from COVID-19 Bounce Back Loan Scheme Explore More

News

PBOC Issues New Financial Rules to Curb Money Laundering Risks

The People’s Bank of China (PBOC), The China Banking and Insurance Regulatory Commission, a...

PBOC Issues New Financial Rules to Curb Money Laundering Risks Explore More

News

Financial Intelligence Center Says SA Car Dealers Are at High Risk of Money Laundering

The Financial Intelligence Centre (FIC) has said that SA’s motor vehicle dealers are at a high ri...

Financial Intelligence Center Says SA Car Dealers Are at High Risk of Money Laundering Explore More

News

IMF Warns Nigeria on Risks Arising from Central Digital Currency eNaira

The IMF has warned the Central Bank of Nigeria (CBN) about the risks of money laundering and terr...

IMF Warns Nigeria on Risks Arising from Central Digital Currency eNaira Explore More

News

Janet Yellen, US Treasury Secretary to be, Prioritizes AML Regulations

Janet Yellen, incoming Secretary of the US Treasury has announced that AML legislation is the mos...

Janet Yellen, US Treasury Secretary to be, Prioritizes AML Regulations Explore More

News

EBA Issues Draft to Set up Central Database for AML and CFT

On December 20, 2021, the European Banking Authority (EBA) issued its draft Regulatory Technical ...

EBA Issues Draft to Set up Central Database for AML and CFT Explore More

News

Financial Watchdogs in Thailand Issue Strict KYC for New Crypto Accounts

The government in Thailand plans to eliminate anonymity in the new crypto account creation by enf...

Financial Watchdogs in Thailand Issue Strict KYC for New Crypto Accounts Explore More

News

Money Laundering Watchdog Fines HSBC for AML Violations

HSBC Malta has been fined €82,000 by Financial Intelligence Analysis Unit (FIAU) for AML violatio...

Money Laundering Watchdog Fines HSBC for AML Violations Explore More

News

NZ FMA Announces to Tighten AML/CFT Approach

FMA intends to closely monitor firms’ processes, with comprehensive assessments of how they onboa...

NZ FMA Announces to Tighten AML/CFT Approach Explore More

News

Thailand Launches Anti-Online Scam Center to Combat Cybercrimes

The Thai Government has officially launched the Anti-Online Scam Operation Centre (AOC) as of  No...

Thailand Launches Anti-Online Scam Center to Combat Cybercrimes Explore More

News

NGO Coalition Files a Complaint Against French Banks for Money Laundering Linked to Amazon Deforestation

The Non-Governmental Organisations (NGOs) have filed complaints against French banks BNP Paribas,...

NGO Coalition Files a Complaint Against French Banks for Money Laundering Linked to Amazon Deforestation Explore More

News

China Warns of Money Laundering Risks Arising from NFTs

China has warned of the financial risks associated with non-fungible tokens (NFTs) as three indus...

China Warns of Money Laundering Risks Arising from NFTs Explore More

News

FATF Issues Guidance Paper For Incorporating Digital ID

The Financial Action Task Force (FATF) has issued a guidance paper, last week, that outlines a ri...

FATF Issues Guidance Paper For Incorporating Digital ID Explore More

News

CIBC Fined C$1.3M by Canadian Anti-Money Laundering Authority

Canadian regulatory authorities imposed a $1.3m penalty on the Canadian Imperial Bank of Commerce...

CIBC Fined C$1.3M by Canadian Anti-Money Laundering Authority Explore More

News

MAS Rejects License Applications of 100 Crypto Exchanges for Ineffective CDD Protocols

Over 100 companies were either turned down or had to withdraw their applications for a license to...

MAS Rejects License Applications of 100 Crypto Exchanges for Ineffective CDD Protocols Explore More

News

Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US

The Emirates Executive Office of Money Laundering and Counter-Terrorism Financing visited Washing...

Emirates Delegation of Anti-Money Laundering and Counter-Terrorism Financing Visits US Explore More

News

EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments

European Union’s financial regulatory agency, the European Securities and Markets Authority (ESMA...

EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments Explore More

News

NatWest Apologises for AML Failures and Issues Warning on Rising Inflation

The chairman of NatWest bank has apologised to shareholders for failing to implement adequate ant...

NatWest Apologises for AML Failures and Issues Warning on Rising Inflation Explore More

News

OSCE Hosts Regional Conference on Combating Money Laundering and Terrorist Financing in South-Eastern Europe

The chairperson of the OSCE for North Macedonia addressed issues of corruption, money laundering,...

OSCE Hosts Regional Conference on Combating Money Laundering and Terrorist Financing in South-Eastern Europe Explore More

News

Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens

The Department of Homeland Security (DHS) is taking back its decision to implement a policy that ...

Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens Explore More

News

IMF Urges Central Bank of Seychelles to Upgrade Transparency and AML Controls

The Central Bank of Seychelles (CBS) has been advised by the International Monetary Fund (IMF) to...

IMF Urges Central Bank of Seychelles to Upgrade Transparency and AML Controls Explore More

News

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations

Two more cryptocurrency firms – mining pool Simplecoin and bitcoin gaming platform Chopcoin...

Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations Explore More

News

Over Dh3 billion Confiscated from Firms violating AML Laws in UAE

The UAE has plans to take a strict stance on firms operating in the region over money laundering ...

Over Dh3 billion Confiscated from Firms violating AML Laws in UAE Explore More

News

US DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme

The US Department of Justice has arrested two in a $1.1 million non-fungible token fraud and mone...

US DOJ Arrests Two in Alleged NFT Money Laundering, Rug Pull Scheme Explore More

News

Governor Bank of France to Propose Licencing for Crypto Firms

François Villeroy de Galhau, the Governor Bank of France, has passed more stringent regulatory pr...

Governor Bank of France to Propose Licencing for Crypto Firms Explore More

News

COVID-19 has Made Cybercrime More Structured

During the COVID-19 pandemic, there has been immense growth in the opportunities for cyber-relate...

COVID-19 has Made Cybercrime More Structured Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started