Prices for creating deepfakes in dark web reach $20,000 per minute

Business Tuesday 09/May/2023 17:51 PM
By: Times News Service
Prices for creating deepfakes in dark web reach $20,000 per minute

Muscat: Prices for creating deepfakes on the darkweb may range from $300 to $20,000 per minute, according to an industry expert.

Deepfake creation tools and services can be found on darknet marketplaces and these services offer generative artificial intelligence (AI) video creation for a variety of purposes, including fraud, blackmail, and stealing confidential data, this was announced at Kaspersky Cyber Security Weekend–META 2023, held in Almaty, Kazakhstan.

“The prices for creating or purchasing deepfakes may vary depending on the complexity of the project and the quality of the final product,” Kaspersky experts said.

Kaspersky analysed various Darknet marketplaces and underground forums offering the creation of deepfake videos and audio for different malicious purposes. In some cases, individuals may request specific targets for deepfake creation, such as celebrities or political figures.

Cybercriminals use generative AI videos in several ways for illegal activities. They can use deepfakes to create fake videos or images that can be used to defraud individuals or organisations. “For example, they can create a fake video of a CEO requesting a wire transfer or authorising a payment, which can be used to steal corporate funds. Fake videos can be used to create compromising videos or images of individuals, which can be used to extort money or information from them.” one of the company officials said. “Cybercriminals can also use deepfakes to spread false information or manipulate public opinion, he said. For example, they can create a fake video of a politician making controversial statements, which can be used to influence the outcome of an election,” he further added.

Deepfake technology can be employed to bypass verification in payment services by creating realistic fake videos or audio recordings of a legitimate account owner. These can be used to trick payment service providers into thinking that they are the actual account owner, thereby gaining access to the account and its associated funds.

“Increasingly, deepfakes are used in attempts at blackmail and fraud. For example, the CEO of a British energy firm was tricked out of $243,000 by a voice deepfake of the head of his parent company requesting an emergency transfer of funds. As a result, funds were wired to the fraudster’s bank account. Suspicions were only raised when the criminal requested another transfer, but by then it was too late to get the funds that were already transferred back. A similar case was reported in the UAE, where $400,000 were stolen in a scam also involving voice deepfake,” said Vladislav Tushkanov, Lead Data Scientist at Kaspersky.

“It’s important to remember that deepfakes are a threat not only to businesses, but also to individual users: they can spread misinformation, be used for scams, or to impersonate someone without consent. Increasing your digital literacy level is key to countering these threats,” he further added.

Continuous monitoring of Dark web resources provides valuable insights into the deepfake industry, allowing researchers to track the latest trends and activities of threat actors in this space. By monitoring the darknet, researchers can uncover new tools, services, and marketplaces used for the creation and distribution of deepfakes. This type of monitoring is a critical component of deepfake research and helps to improve our understanding of the evolving threat landscape. Kaspersky's Digital Footprint Intelligence service includes this type of monitoring to help its customers stay ahead of the curve when it comes to deep fake-related threats.