"Banks on High Alert as Deepfake Scams Spread Like Wildfire Online. In a shocking turn of events, the Bank of England has sounded the alarm on a growing threat of AI-generated scams, which have already led to the spread of fake videos showing a high-profile clash between Nigel Farage and the central bank's governor, Andrew Bailey. The disturbing trend has prompted Governor Bailey to urge the public to be 'vigilant' and report any suspicious content on social media platforms, particularly on X, where users have been sharing manipulated videos of the supposed altercation. As the threat of deepfake technology continues to evolve, experts warn that individuals and institutions must remain on high alert to prevent the spread of misinformation and protect against potential financial scams."
Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio The Bank of England has warned the public against falling for AI-generated scams after deepfake videos of Nigel Farage fighting its governor spread online.Andrew Bailey, the head of the BoE, said AI-generated content related to central banks was spreading and urged people to be “vigilant”. Continue reading...
