SA’s Top Crypto Firm Is On High Alert After AI Deepfake Scam Targets Staff
- Luno, a licensed financial services provider in South Africa, is on high alert after a recent deepfake scam targeted one of its employees.
- Deepfakes are becoming increasingly sophisticated and are being exploited by criminals to defraud individuals and businesses.
- Luno has established a dedicated team to monitor social media and websites for fraudulent impersonations of the company.
The deepfake scam targeting Luno's employee is a concerning incident that highlights the growing threat of AI-powered impersonation fraud in the cryptocurrency sector. Luno's proactive measures, such as establishing a dedicated team to monitor and remove fraudulent impersonations, are commendable. However, the battle against deepfake fraud requires a collaborative effort and ongoing vigilance.
