Addressing Deepfake Threats in Financial Security

Niki Luhur, Group Founder & CEO of VIDA: The Threat of Deepfakes and Financial Security in an Exclusive Interview with Liputan6 SCTV

In an exclusive interview with Liputan6 SCTV, Niki Luhur, Founder and Group CEO of VIDA, shares expert insights on deepfake crimes and their impact on financial security. The discussion, available on YouTube, addresses the growing threat of deepfakes, how VIDA is tackling this challenge, and what businesses and individuals can do to protect themselves.

Understanding Deepfake Crimes

Deepfake crimes involve using AI to create or alter realistic video and audio content, making it difficult to distinguish authenticity. This technology is often used for fraudulent activities, defamation, and spreading false information, posing significant risks to individual privacy and corporate integrity.

Rising Cases and Concerns

The number of deepfake incidents has surged globally, with a 900% annual increase from 2017 to 2019 and global losses exceeding $250 million in 2020. Specific cases, such as the recent incident in Hong Kong where a deepfake voice was used to authorize a large fund transfer, highlight the severe financial threats posed by this technology.

Key Indicators and Preventive Measures

Niki emphasizes the importance of identifying deepfake indicators such as unnatural facial movements, inconsistent lighting, and audio mismatches. Advanced detection technologies like machine learning and digital forensic analysis are crucial for distinguishing between genuine and AI-generated content.

VIDA’s Deepfake Shield

To address this threat, VIDA has developed Deepfake Shield, an innovative solution that leverages AI to detect and respond to deepfake threats in real-time. This technology integrates with digital infrastructure, providing robust protection without compromising user experience.

Niki highlights the importance of public education and professional training to recognize and respond to deepfake threats. He also calls for cross-sector collaboration to strengthen digital security policies and infrastructure.

This interview underscores the critical need for advanced security measures to combat the evolving threat of deepfakes. VIDA’s Deepfake Shield represents a significant advancement in protecting financial security, emphasizing the importance of continuous innovation and collaboration in maintaining a secure digital ecosystem.

For more information on VIDA’s solutions and how they can help protect your business, click here. Or download our whitepaper here.