Kaspersky Explores How the Deep Fake Industry Works

VIVA – In the digital era, many people become victims of deepfake as attackers can easily extract images of their potential targets. These manipulated videos and images can also be used for a variety of malicious purposes including financial fraud, political manipulation, revenge, and harassment. 

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However, creating high-quality deep fakes requires technical expertise and sophisticated software, which is why individuals looking to create fake media turn to deepfake creation services available on the dark web.

"Cybercriminals are increasingly using deep fake to commit various scams, including cryptocurrency fraud and biometric security breaches," said Vladislav Tushkanov, Lead Data Scientist at Kaspersky in a statement received on Sunday. 

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Experts at Kaspersky have studied darknet forums to gain insight into how the deep fake darknet industry works. The research revealed that there is a significant demand for deepfakes, outstripping the available supply. People are actively looking for individuals who can create fake video for them.

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Deepfake.

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• NAB Pilot

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The cost of creating or purchasing a deep fake varies depending on the complexity of the project and the quality of the final product. In some cases, individuals may even request deepfakes for specific targets such as celebrities or political figures. The price per minute of a deep fake video can range from 300 to 20,000 or 4.4 - 290 million.

A large number of the analyzed posts refer to cryptocurrency scams. Some providers offer high-quality deepfakes for crypto asset scams. Their services include creating 'Cryptostreams' or 'Fake Crypto Rewards' which are popular scams where attackers collect crypto assets by broadcasting fake rewards.

To create these deep fakes, scammers use celebrity footage or combine old videos to launch live streams on social media platforms. They often show pre-generated pages where victims are asked to transfer from 2,500 to 1,000,000 XRP, with the promise of doubling their payments. 

As a result, users who fall for these scams can lose anywhere from US$1,000 to US$460,000 or IDR 14 million to IDR 3.8 billion. 

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Besides the fact that deep fakes are used for financial fraud, they can also cause major privacy issues. A concerning fact is that some deep fake makers offer services for porn video creation.