CONSILIUM ADVISORS

Deepfakes are now beating the tests that banks use to prove whether you are actually you, and this is already happening on a large scale. Who is liable when a deepfake defeats bank verification: the fraudster, the bank, or no one? How are regulators are responding to this new threat? By Maria Khan For eight months, a 34-year-old in Amsterdam opened more than 40 accounts in other people's names. He simply face-swapped his image onto stolen passports and took selfies to get thr