Social media the top culprit as deepfake fraud grows

Social media the top culprit as deepfake fraud grows

Deepfakes have moved past being a novelty — they’re now a hidden danger in everything from social posts to phone calls. A new Surfshark study reveals that people have lost at least $3,7-billion to deepfake fraud so far. An investigation into the origins of these scams reveals social media is the leading threat, accounting for 47% of recorded losses ($1,73-billion). “Social media platforms give scammers instant access to billions of users simulta…