CTM Insights Managing Partner Lou Steinberg in TheStreet

Cybersecurity expert says the next generation of identity theft is here: ‘Identity hijacking’

Scammers last week used deepfake technology to steal $25 million from a multinational Hong Kong firm.

Deepfake technology — a synthetic representation of a person’s likeness — is not new technology. Think Mark Hamill’s de-aged return as a young Luke Skywalker in an episode of ‘The Mandalorian’ in 2019.

Read more here: https://www.thestreet.com/technology/cybersecurity-expert-says-the-next-generation-of-identity-theft-is-here-identity-hijacking