In the second season of BBC mystery thriller The Capture, deepfakes threaten the future of democracy and UK national security. In a dystopia set in present day London, hackers use AI to insert these highly realistic false images and videos of people into live news broadcasts to destroy the careers of politicians. But my team's research has shown how difficult it is to create convincing deepfakes in reality. In fact, technology and creative professionals have started collaborating on solutions to help people spot bogus videos of politicians and celebrities. We stand a decent chance of staying one step ahead of fraudsters.

In the second season of BBC mystery thriller The Capture, deepfakes threaten the future of democracy and UK national security. In a dystopia set in present day London, hackers use AI to insert these highly realistic false images and videos of people into live news broadcasts to destroy the careers of politicians. But my team's research has shown how difficult it is to create convincing deepfakes in reality. In fact, technology and creative professionals have started collaborating on solutions to help people spot bogus videos of politicians and celebrities. We stand a decent chance of staying one step ahead of fraudsters.

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Deepfakes aren't new, but this AI-powered technology has emerged as a pervasive threat in spreading misinformation and increasing identity fraud. The pandemic made matters worse by creating the ideal conditions for bad actors to take advantage of organizations' and consumers' blindspots, further exacerbating fraud and identity theft. Fraud stemming from deepfakes spiked during the pandemic, and poses significant challenges for financial institutions and fintechs that need to accurately authenticate and verify identities.

Deepdub, an AI-based entertainment localisation startup based out of Tel Aviv, Israel has raised USD 20 million in Series A funding led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors Booster Ventures and Stardom Ventures and new investors Swift VC. Angel investors joining this round include Emiliano Calemzuk (former President of Fox Television Studios), Kevin Reilly (former CCO of HBO Max), Danny Grander (co-founder of Snyk), Roi Tiger (VP, Engineering at Meta), Gideon Marks and Daniel Chadash. The fresh funds will be used to expand the global reach of the company's sales and delivery teams. Deepdub plans on strengthening the R&D team with excellent researchers and developers and will improve its deep-learning based localisation platform. "This funding round is an acknowledgement of the revolutionary technology that we have built, taking generative AI to an industry where every pixel and every sound wave is rigorously examined. By creating a deep learning platform that can generate without fail, we have consistently left our clients in awe," said Nir Krakowski, co-founder and CTO of Deepdub.