Information Technology
Global Deepfake Epidemic Worsening Amid Elections - UK Seventh Most Targeted Nation
This data comes from analysis of identities submitted to Sumsub's ID verification platform. Key global highlights from Sumsub's Q1 2024 verification and identity fraud data* show that:
said .
The growth of deepfake incidents can be seen across different industries. Last quarter, the sectors with the most deepfakes were . If we look closer at the year-over-year (YoY) comparison, the quantity of deepfake cases soared in iGaming, in marketplaces, in fintech, in crypto, in consulting, and in online media.
said .
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*
The content of this press release is based on detailed statistics and analysis of millions of verification checks performed by the Sumsub platform from Q1 2023 to Q1 2024, accurately highlighting current fraud incidence rates. This includes analysis of thousands of detected deepfake cases. All internal data was aggregated and anonymized for the purpose of publishing these findings.
** Please note that Ukraine's 2024 elections are suspended due to martial law restrictions (at the moment of publication).
Sumsub is a full-cycle verification platform that secures the whole user journey. With Sumsub's customizable KYC, KYB, Transaction Monitoring and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.
Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading, e-commerce and gaming industries including Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.
View original content: https://www.prnewswire.co.uk/news-releases/global-deepfake-epidemic-worsening-amid-elections---uk-seventh-most-targeted-nation-302159002.html