Follow us on or join ours

Victim phishing, or a fraud based on social engineering, can fall on any of us. An email, phone call or information from a social networking site can lead us to specific, though unwanted, actions.

This can be an order to transfer money, provide confidential information or provide login details. Nowadays, more and more people are aware of such threats and will probably check the authenticity of the information received.

Also check: Artificial intelligence and blockchain - what will result from the combination of two powerful technologies?

Deepfake - threats

According to the report in The Washington Post, scammers used the application software artificial intelligenceto extort from a British energy company about 194 000 GBP.

The company's president was absolutely certain that he had spoken to the company's CEO and therefore agreed to the transfer of the money requested.

A recent example of a deepfake was on a YouTube channel where a scene from the show was forged and a voice added Donald Trump.

False sound and picture

We know that it is much more difficult to create artificial sound than false video. The human ear is in fact sensitive to sound waves of a wide frequency spectrum.

Generating human speech requires an algorithm to correctly predict the sound wave.

However, the human eye can receive data at a rate of about 30 frames per second, which means that a certain irregularity in the video image is less noticeable than in the case of a fake voice.

So far deepfake audio he was not regarded as such a threat as deepfake video.

Also check: Matrix AI Network - Blockchain 3.0

Protection against deep fake

Jake Moore, cyber security specialist in ESET, however, suggests that you start training your company staff to detect counterfeiting.

He believes that the number will increase in the future cybercrime made using equipment and technology.

today Deepfake movies imitating celebrities and public figures are for fun, but in the future film material available in public space can be used to commit fraud.

With the increase in computing power of computers, collecting and processing data for counterfeiting will become much easier than today.

Therefore, it is necessary to raise the awareness of employees of companies and private persons, as well as the level of their education, and then introduce a difficult to forge verification, for example through a single-use password generator (devices OTP - one-time password).

Two-factor authentication is an inexpensive and simple, but at the same time very effective method to increase the level of security, also to protect money against theft.

It is believed that companies should consider training their employees and at the same time invest in software to detect deepfake and do so early.

Also check: Security in the cryptocurrency world - remember that!


Expert in the field blockchain technology, Kevin Gannon believes that the new technology is blockchain can provide effective protection against deepfake.

Each user with a digital identity must confirm this identity before accessing the system.

Also, the authenticity of audio and video files can be confirmed using the blockchain application and compared with the originals.

Improving security protocols in the approval process can strengthen credibility, and the use of multiple-signature transactions can improve the quality of system operation.

5 / 5 - (2 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019

My Newsletter

Sign Up For Updates & Newsletters