Deepfakes seen driving surge in identity fraud in PH | ABS-CBN

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Deepfakes seen driving surge in identity fraud in PH

Deepfakes seen driving surge in identity fraud in PH

Michelle Ong,

ABS-CBN News

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MANILA -- Sumsub, an identity verification platform, is urging Filipinos to be more vigilant in combating digital fraud especially as the holiday shopping season approaches. 

This comes after an anti-scam app noted that the number of scam calls and messages in the Philippines grew by 200 percent during the first eight months of 2024 compared to last year.

Penny Chai, the company's vice president for business development in the Asia Pacific, particularly warned Filipinos against "deepfakes."

"Last year when we published our identity fraud report, we saw a trend of more than 1,430 percent increase in the Southeast Asia region due to deepfakes. Very closely to that, in Philippines there [is] 4,400 percent growth between 2022-2023," Chai said.

"This has been very believable because people find that hey, if my idol or my mayor is already talking about this product, it must be safe. So they are unwittingly going into purchases or investments that are fake," she explained.

--ANC, 13 September 2023

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