Deepfake Fraud Jumps by 194% in APAC, as Fraud-as-a-Service Becomes More Widespread, Sumsub Reveals
The Fintech Times
NOVEMBER 19, 2024
The verification platform also recorded significant surges in identity fraud in: Singapore (207 per cent) Indonesia (205 per cent) Thailand (201 per cent) Meanwhile, deepfake fraud saw a 194 per cent YoY spike in APAC and increased four times globally, now making up seven per cent of all fraud attempts in 2024.
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