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Cato CTRL Threat Research: ProKYC Selling Deepfake Tool for Account Fraud Attacks

Cato Networks
Summary
Nutrition label

64% Informative

AARP: New Account Fraud ( NAF ) accounted for more than $5.3 billion in losses in 2023 (up from $3.9 billion in 2022 ) Cybercriminals have been attempting to beat 2FA for decades using forged documents and credentials.

In comes ProKYC’s deepfake tool that helps threat actors beat two -factor authentication (2FA) for conducting account fraud attacks.

There are different telltale signs that a document, picture, or video are fake.

A picture, and especially a video, which is very high quality are indicative of a digitally forged file.

Cato CTRL recommends collecting threat intelligence and staying up to date on the latest cybercrime trends.

VR Score

45

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31

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69

Article tone

informal

Language

English

Language complexity

51

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possibly offensive

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Time-value

long-living

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