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Deepfakes become part of organized crime’s industrial technology stack
['Joel R. Mcconvey']
Biometric Update
The UN estimates that online fraud, often through sophisticated investment scams, cost victims across APAC up to $114 billion in 2025.
“What began as a regional crime threat in parts of South-East Asia has become a global organized crime crisis,” the report says.
Shufti data shows deepfake fraud surging by 600%The UN’s assessment aligns with new data from identity verification provider Shufti.
A new whitepaper looks at the implications of online fraud in APAC for the biometrics and identity verification industry.
Article TopicsAI fraud | APAC | deepfake detection | deepfakes | financial crime | fraud prevention | Shufti | United Nations