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GenAI could make KYC effectively useless

“Viral posts on X (formerly Twitter) and Reddit show how, leveraging open source and off-the-shelf software, an attacker could download a selfie of a person, edit it with generative AI tools and use the manipulated ID image to pass a KYC test. There’s no evidence that GenAI tools have been used to fool a real KYC system — yet. But the ease with which relatively convincing deepfaked ID images is cause for alarm.”

https://techcrunch.com/2024/01/08/gen-ai-could-make-kyc-effectively-useless/amp/

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