Cyber unit flags rise in social media fraud using deepfake videos of PM, ministers
What Happened?
The National Cybercrime Threat Analytics Unit has reported an increase in financial fraud on social media, using deepfake videos of public figures to promote fake government schemes. Victims are tricked into making payments for non-existent benefits.
Key points
- NCTAU has flagged an increase in deceptive ads on Facebook and Instagram.
- Fraudsters impersonate public figures, including the Prime Minister, to promote fake schemes.
- Victims are often asked to pay fees or taxes to receive benefits from these schemes.
- Advertisements feature manipulated videos showing public figures endorsing fake welfare schemes.
- Victims may receive calls from international numbers claiming they are selected for funds.
- NCTAU advises users to verify welfare schemes through official channels before making payments.
Key insights
- The use of deepfake technology in scams may increase public distrust in legitimate government communications.
- Victims may face ongoing financial repercussions from repeated payments to fraudsters.
- Awareness campaigns about verifying government schemes could help reduce fraud incidents.
Why it matters
This rise in fraud could lead to significant financial losses for unsuspecting individuals.
Entities
Source
Times of India
