Bogdan Botezatu

So this is how deepfakes work.

We took a look at what's going on now and we see that there are tens of thousands of such ads running on social networks.

There are large YouTube accounts that have been compromised and used as a billboard for crypto scams.

One of the largest accounts that has been compromised had 28 million subscribers.

So when hackers got a hold of that account, they were able to broadcast the deepfake to 28 million potential victims.

That's more than Romania has population.

This is AI going full circle.

So the AI is building the billboard that will sell to you.

The AI algorithms on social networks will know how to profile you and what had to serve you for maximum efficiency.

And then from there on, you will be chased by ads all pointing to the same product until you're ready to shop.

So cybercriminals work most of the time like corporations.

So they have their own product division that builds the deepfake.

They have the translation division that builds the multi-language content.

They have the web dev team that keeps the servers running for the scam pages to reach you.

And they will have quality assurance and sales support.

You mentioned before that we partner with law enforcement.

Yes, that's something that we normally do on high profile cases.

And scams are some part of these law enforcement corporations.

What we learned about is that these cybercrime businesses have call centers everywhere.

that take people's calls and sign them up for various stuff.