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Deepfake-Enabled Fraud Has Already Caused $200 Million in Financial Losses in 2025, New Report Finds

Deepfake-Enabled Fraud Has Already Caused $200 Million in Financial Losses in 2025, New Report Finds

Yahoo18-04-2025

Financial losses from deepfake-enabled fraud exceeded $200 million during the first quarter of 2025, according to Resemble AI's Q1 2025 Deepfake Incident Report, which was released on Thursday.
The report suggests an 'alarming' escalation and growing sophistication of deepfake-enabled attacks around the world. While 41% of targets for impersonation are public figures — primarily politicians followed by celebrities — the threat isn't limited to these groups, as another 34% of targets are private citizens, the findings suggest. The top four uses, according to the report, were non-consensual explicit content, scams and fraud, political manipulation and misinformation.
As to activity by geographical areas, the report found that the highest number of incidents during the first quarter occurred in North America (38%), particularly for political figures and celebrities. That was followed by Asia (27%) and Europe (21%). However, the data also revealed that 63% of records involved 'significant cross-border elements.'
According to the report, deepfake use is now led by video (46%), followed by images (32%) and audio (22%). The report finds that voice cloning now requires just three to five seconds of sample audio to create a convincing voice. In facial manipulation, 68% of deepfakes are now 'nearly indistinguishable from genuine media.' A combination of these to create synchronized impersonations have now reached 33% of cases, according to the report, which also found that evasion techniques may enable security to be bypassed.
'The report emphasizes the urgent need for a multi-faceted response to the deepfake threat,' said Resemble AI in the announcement of the report. 'This includes technical solutions such as increased investment in deepfake detection technologies, standardized watermarking protocols and content authentication mechanisms. Harmonized legislation across jurisdictions is urgently needed to define harmful deepfakes, establish liability for platforms and create effective enforcement mechanisms. Public resilience must be enhanced through expanded media literacy programs, accessible victim reporting mechanisms and comprehensive support systems. Finally, international cooperation is crucial to address the transnational nature of deepfake incidents through cross-border collaboration.'
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ICE didn't raid Disneyland but federal agents arrested a man at a nearby park
ICE didn't raid Disneyland but federal agents arrested a man at a nearby park

Los Angeles Times

time2 hours ago

  • Los Angeles Times

ICE didn't raid Disneyland but federal agents arrested a man at a nearby park

Amid President Donald Trump's immigration crackdown, rumors spread wildly through social media and even Ring app alerts about Immigration and Customs Enforcement agents arriving at Disneyland on Wednesday to question workers and guests. While Disney and Anaheim officials disputed the viral claim as unfounded, the city acknowledged cellphone videos of an SUV pursuing a man two miles down the street at Pearson Park the following morning was credible evidence of federal immigration enforcement. The contrast between Orange County's largest employer and a public park surrounded by a Latino neighborhood illustrates how ICE raids have sown fear, confusion and vigilance in the community. Anaheim Councilmember Natalie Rubalcava saw the Pearson Park video on Instagram, got dressed and headed out to vet the claim. She spoke to a young Latino who recounted how federal agents dressed in black with their faces covered approached him and another man at the park. 'They asked him for identification,' Rubalcava said. 'When he told them he was born in the U.S., they told him 'prove it.'' He gave agents his Social Security number when the other man fled on foot. Agents driving an SUV gave chase, apprehended the man and left by the time Rubalcava arrived. 'We're being told that the police are only [going after] people with criminal records and warrants,' she said. 'That doesn't appear to be the case. The person I spoke to, he was asked if he had documentation. That makes me feel like racial profiling is happening. That is really disheartening and worrisome.' ICE did not return a TimesOC request for comment on any Disneyland or Pearson Park enforcement actions by press time. Since protests erupted in Los Angeles on June 6 in response to ICE raids, the Orange County Rapid Response Network's hotline has been flooded with similar tips about immigration enforcement closer to home. Sandra De Anda, the group's network coordinator, emphasizes a 'salute' method for its team of volunteer ICE watchers to assess the 'size, action, location, uniform, time and equipment' details of a raid in confirming it. None of the social media posts about Disneyland reviewed by TimesOC on Wednesday afternoon had photo or video evidence of ICE agents pulling over workers driving out of employee parking lots, questioning guests exiting the parks or boarding buses along Harbor Boulevard in the Disneyland Resort, as claimed. But that didn't stop them from going viral — or being untrue. By Wednesday evening, the Rapid Response Network posted on social media that its team was in direct contact with Disney officials and confirmed no ICE presence at the resort though multiple reports surfaced throughout the day. The group's own ICE watchers had no independent photo or video of any alleged immigration enforcement action. As of Thursday, it had not received any recent tips about ICE sightings at hotels and restaurants surrounding the Disneyland Resort, either. 'The verification process takes time,' De Anda said. 'We have to confirm with officials like city managers and police chiefs. There has to be several levels of verification before the information goes out into the community, otherwise it will just scare the community.' By then, social media spread the word about Disneyland far and wide. The Rapid Response Network's own post did not go as viral. Mike Lyster, an Anaheim spokesperson, has responded to several reports across the city on a daily basis since June 6. Alongside another city official, he drove to Disney's Harbor Boulevard entrance on Wednesday. Lyster did not witness any ICE agents on site nor when he canvassed the area by car. Disney officials and Anaheim police also had nothing to report. 'We can say with a high degree of confidence that there was no activity there,' Lyster said. Following a Thursday morning interview with TimesOC, Lyster received another report about potential ICE activity two miles north of Disneyland at Pearson Park and drove there. An hour later, Lyster told TimesOC that the incident was believed to be a federal immigration enforcement action, but the city didn't know who exactly carried it out. Despite unverified claims on social media about ICE activity at major commercial hubs in Orange County like Disneyland, the MainPlace Mall, South Coast Plaza, Irvine Spectrum and the Market Place, the Rapid Response Network has more readily confirmed raids at small businesses like car washes. De Anda said ICE is to blame for creating a climate of chaos and misinformation as she has recently come face to face with agents in her activism. 'Only one time did they produce a warrant from the Department of Homeland Security,' she said. 'When my team was doing this under the Biden Administration, they would produce a warrant, even if it was an administrative warrant. Now these agents are not identifying themselves. The tactics have changed dramatically.' After finishing her interview, De Anda headed to Irvine to investigate new reports of ICE activity.

Disney, Universal Slam AI Company As 'Bottomless Pit Of Plagiarism' In Scathing Lawsuit
Disney, Universal Slam AI Company As 'Bottomless Pit Of Plagiarism' In Scathing Lawsuit

Yahoo

time4 hours ago

  • Yahoo

Disney, Universal Slam AI Company As 'Bottomless Pit Of Plagiarism' In Scathing Lawsuit

Disney and NBCUniversal joined forces in the first lawsuit of its kind against the artificial intelligence image company Midjourney on Wednesday, accusing it of copyright infringement. 'We are bringing this action today to protect the hard work of all the artists whose work entertains and inspires us and the significant investment we make in our content,' Kimberly Harris, NBCUniversal's executive vice president, told CNBC. The companies' lawsuit, filed in the U.S. District Court for the Central District of California, alleges that Midjourney sought 'to reap the rewards' of Disney and Universal-copyrighted characters by selling an AI image-generating service 'that functions as a virtual vending machine, generating endless unauthorized copies' of their copyrighted works. 'Midjourney is the quintessential copyright free-rider and a bottomless pit of plagiarism,' the lawsuit reads. 'Piracy is piracy, and whether an infringing image or video is made with AI or another technology does not make it any less infringing.' Midjourney did not immediately respond to HuffPost's request for comment. The AI company made $300 million last year from its image service, which allowed subscribers to simply enter a text prompt to request any of the Disney or Universal characters to perform an action, according to the lawsuit. The AI then generates and displays a high-quality image of the character. The lawsuit lists several Disney or Universal-owned characters Midjourney generated, including Shrek, Darth Vader, Thanos from the 'Avengers' series, and the Minions characters from 'Despicable Me.' Horacio Gutierrez, chief legal and compliance officer for The Walt Disney Company, said in a statement to HuffPost that Disney's 'world-class IP is built on decades of financial investment, creativity and innovation—investments only made possible by the incentives embodied in copyright law that give creators the exclusive right to profit from their works.' He added, 'We are bullish on the promise of AI technology and optimistic about how it can be used responsibly as a tool to further human creativity.' The lawsuit contends that 'Midjourney could easily stop its theft and exploitation' of intellectual property since the AI service controls what copyrighted content it selects. However, Midjourney chose not to use copyright protection measures, even when Disney and Universal sent cease-and-desist letters, according to the suit. The lawsuit accuses Midjourney of promoting its AI tools using Disney and Universal characters, and says the AI company has already begun using such characters to train its video service. The companies are now asking for a jury trial to determine damages, which could include some of Midjourney's profits. 'Midjourney's bootlegging business model and defiance of U.S copyright law are not only an attack on Disney, Universal, and the hard-working creative community that brings the magic of movies to life, but are also a broader threat to the American motion picture industry which has created millions of jobs and contributed more than $260 billion to the nation's economy,' the lawsuit reads. College Student Allegedly Created Undressed Images Of Classmates With AI, Then Sold Them Top AI CEO Warns Lawmakers To Prepare For Tech To Gut Entry-Level Office Jobs Chicago Sun-Times Faces Backlash After Promoting Fake Books In AI-Generated Summer Reading List

Netflix Eyes EMEA Expansion With Euro 1B Investment Plan in Spain
Netflix Eyes EMEA Expansion With Euro 1B Investment Plan in Spain

Yahoo

time5 hours ago

  • Yahoo

Netflix Eyes EMEA Expansion With Euro 1B Investment Plan in Spain

Netflix NFLX relies heavily on its international business as a key growth driver. In the first quarter of 2025, revenues rose 12.5% year over year, largely driven by strong international regional performance. Europe, Middle East, and Africa (EMEA) revenues grew 15% year over year to $3.4 billion and the Asia-Pacific (APAC) jumped 23% to $1.26 billion. Collectively, international markets contributed nearly 44% to total revenues, highlighting the company's growing dependence on non-U.S.-based now plans to invest €1 billion (approximately $1.14 billion) in Spain between 2025 and 2028, as it doubles down on Spanish shows. This long-term commitment will support the production of original content, local job creation and infrastructure development, including the expansion of studio operations in Madrid. The goal is to deepen its creative and operational footprint across the EMEA has evolved from a regional production site into a global content powerhouse for Netflix. With more than 1,000 Spanish titles released and billions of viewing hours generated, Spain has proven its value as a high-performing content market for the company. This new investment firmly establishes Spain as a cornerstone of Netflix's broader EMEA expansion Netflix's focus on streaming regional content has been leading to international growth. The company is expanding its content pipeline across key markets, including India, Mexico, Spain, Italy, Germany, Brazil, France, Turkey and the Middle East, supporting both market-specific relevance and global viewership scale. The streaming landscape is growing more competitive, with Netflix facing rising pressure from Amazon Prime Video, a streaming television service owned by Amazon AMZN. By integrating its vast e-commerce ecosystem with streaming, Amazon offers a unique value proposition that challenges Netflix's dominance in the streaming Disney+, the streaming arm of Disney Entertainment, a major segment of Disney DIS, is accelerating its global growth by significantly increasing the production of international original content, directly challenging Netflix's dominance in key overseas markets. Backed by an expanding international footprint and a powerful franchise-driven content lineup, Disney+ continues to post strong user growth, positioning itself as a formidable rival in the global streaming race. Shares of Netflix have gained 36.6% year to date compared with the Zacks Broadcast Radio and Television industry's return of 24.7%. Image Source: Zacks Investment Research Netflix trades at a premium with a forward 12-month P/S ratio of 10.95 compared with the broader Zacks Broadcast Radio and Television industry's forward earnings multiple of 4.12. NFLX has a Value Score of D Image Source: Zacks Investment Research The Zacks Consensus Estimate for NFLX's 2025 revenues is pegged at $44.47 billion, indicating 14.01% year-over-year growth. The consensus mark for earnings is pegged at $25.32 per share, down by a penny over the past 30 days. This indicates a 27.69% increase from the previous year. Image Source: Zacks Investment Research NFLX currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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