TechFlow news, according to Fortune magazine, one of the top concerns for Coinbase Chief Information Security Officer Jeff Lunglhofer—also a growing worry among other security executives—is the rapid spread of deepfakes. There have already been videos circulating featuring the voices and images of crypto CEOs such as Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse, promising free tokens.
Jeff Lunglhofer warns that large platforms like YouTube—which even at their best aren't particularly vigilant against crypto scams—may be slow to act against deepfakes because they appear harmless on the surface and don't contain the types of illegal content platforms are most focused on detecting. More troubling, the quality of deepfakes improves every month, making them more convincing and harder to detect. In anticipation of this impending threat, along with ongoing fraud issues, he offers advice that goes beyond mere vigilance: if you're transferring funds, slow down.
