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4 results for “deepfakes”
New Zealand's FMA and Westpac NZ have issued a major alert following a spike in AI-driven deepfake scams. With 64% of bank fraud now originating on social media, authorities are calling for greater platform accountability.
Investment scam losses in New Zealand more than doubled to $81,500 in April 2026, with the average loss per victim surging to over $20,000 as deepfake technology becomes more prevalent.
Commonwealth Bank has issued a critical alert warning investors of sophisticated 'pump and dump' schemes using AI deepfakes and fake social media ads to target Australians.
The Australian Securities and Investments Commission has issued an alert warning consumers about sophisticated, AI-driven crypto-asset investment scams. Operating on popular messaging apps like WhatsApp, these schemes use deepfakes and fake trading data to deceive younger investors.