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The surge of deepfake – explore the threats with Magix R&D...

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Deepfakes are no longer science fiction. They are a real and growing business risk. We have released our latest white paper, The Surge of Deepfake Cyber Threats. The report uncovers how AI-driven digital impersonations defraud companies, spread disinformation, and compromise brand trust.

Digital identity fraud – adapting to the evolving threats

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Identity fraud is evolving at an alarming rate. Stolen data, synthetic IDs and deepfakes are now common tools for criminals. Traditional password and document checks fail more frequently than ever. Companies must move from playing catch-up to taking the lead. They need AI-driven biometrics, continuous validation and layered defences.

AI-driven insurance fraud – from deepfakes to scams

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Recently, I came across a viral LinkedIn post that resonated with me. A woman faked her own car accident using AI-generated images. She created photos of a “smashed” car, added bruises to her own face, staged a crash scene and even produced a realistic-looking receipt. The woman was not trying to file a real claim. Her goal was to highlight how hard it is becoming for the insurance industry to distinguish real claims from fakes.

Combating AI threats with innovation and human insight

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In a world where artificial intelligence (AI) is increasingly being weaponised by cybercriminals, the question of whether we can effectively combat AI threats with more AI is not just a technical inquiry, but a pressing global concern. AI-generated cyberattacks, such as deepfake technology and automated hacking attempts, have created a cybersecurity arms race.

Face biometrics – first defence against identity fraud

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Face biometrics provides a critical first line of technology defence against rising identity fraud. Identity fraud has surged, with impersonation fraud increasing by 356% from April 2022 to April 2023, according to Southern African Fraud Prevention Service (SAFPS).

AI risks for children – balancing benefits and challenges

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Artificial intelligence (AI) risks for children encompass privacy concerns, over-trust, misinformation and psychological effects, highlighting the need for careful oversight. It is challenging to maximise AI’s benefits for children’s education and growth while ensuring their privacy, healthy development and well-being.

Unregulated gambling and financial crime – modern tactics

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Television series like Breaking Bad and Ozark reflect the public’s fascination with money laundering and its criminals. Yet, in reality, laundering is far more sophisticated, dangerous, and far-reaching than the fictional exploits of Walter White or Marty Byrde. Unregulated gambling and financial crime are increasingly interconnected, providing criminals with new avenues to launder illicit funds globally.

Cybersecurity predictions for 2025 – trends and threats

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Our 2025 cybersecurity predictions, developed by a team of global industry experts, highlight critical trends shaping the cyber threat landscape. In 2024, cyber threats escalated at an unprecedented pace, driven largely by the rapid adoption and evolution of Artificial Intelligence (AI) tools.

Cyber defence for Black Friday

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As Black Friday approaches, millions of consumers prepare for one of the busiest shopping days of the year. The excitement of discounts and limited-time deals drives online shopping. However, this also creates an opportunity for cybercriminals to exploit the surge in activity.

PCI DSS v4.0 – a game-changer in social engineering awareness &...

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As social engineering attacks continue to rise in sophistication and prevalence, the Payment Card Industry Data Security Standard (PCI DSS) has evolved to address this growing threat. PCI DSS v4.0 places a strong emphasis on social engineering awareness and prevention, going beyond generic security training to mandate specific technology and controls.

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