SINGAPORE — Deepfakes in Singapore have jumped five times in the last year alone, and authorities have warned that the technology could be misused to commit cybercrimes.
The Sumsub Identity Fraud Report 2023, which was released last month, also showed a 10-fold increase in the number of deepfakes detected globally across all industries from 2022 to 2023.
“If I were a scammer, I would use generative AI to create fake job posts, then take someone else's LinkedIn information and do phishing. So I will target the person, and I can use the technology to create a fake-looking HR manager so that the victim would think that he or she is communicating with a real person.
Some countries are also pursuing even stronger regulation, said Prof Kankanhalli. For instance, China is making companies disclose software which is used for creating deepfakes, along with their recommendation algorithms.When the first generation of deepfakes came out, they were fairly easy to detect as there were imperfections such as eyes that did not blink, he said. However, scammers identified the weakness and improved the software.
“In the long run, we therefore have to look at educating people about the risks of seeing and believing, and the risks of creating such software, and making people responsible and ethical about the usage of such software.”Another area with a rising need for policies to govern the use of AI is small- and medium-sized enterprises .
“Previously, we had to check their work. But right now, there's much less checking because the grammar is taken care of. They just have to put in the facts, put in the figures, and then it's very easy for them. And that saves us a lot of time."
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