The site, called OnlyFake, threatens to streamline everything from bank fraud to money laundering, and has implications for cybersecurity writ large.

Summary

OnlyFake, an underground website, employs neural networks to swiftly produce convincing fake IDs for just $15, potentially facilitating bank fraud and money laundering. Verified by 404 Media, the service allows users to input desired information and a passport photo, generating realistic IDs, even mimicking signatures. With its purported use of neural networks and generators, OnlyFake claims to churn out up to 20,000 documents daily, mainly for US identities. The IDs, backed by real-looking backgrounds, can pass online verification, posing challenges to platforms like OKX cryptocurrency exchange. While some companies, such as Jumio and Coinbase, aim to counter such fraud, OnlyFake’s AI-powered IDs present a formidable challenge. Wick, the service’s owner, aims to expand its capabilities, potentially including face and selfie generation. Discussions within OnlyFake’s community suggest a pursuit of solutions for video verification challenges. Senator Ron Wyden warns of the growing threat posed by AI-based tools, urging the adoption of secure authentication methods. This revelation comes amidst a broader trend of AI-driven fraud, exemplified by AI-generated voices and images, highlighting the need for robust cybersecurity measures.

  • Squire1039@lemm.eeOPEnglish
    3·
    11 months ago

    Not disagreeing, but for the US:

    1. Yubikey 5c NFC costs ~30-55 USD. Not cheap.
    2. Yibikey BIO, with the scanner built in, will be even more expensive.
    3. Need a central registration authority or federated authorities to verify electronic ID. If the feds don’t press the issue, this probably won’t happen.
    • mlg@lemmy.worldEnglish
      5·
      11 months ago
      1. CA will get hacked and root certificate dropped because they paid morbillions to some credit card company to setup the system on windows server 2003 with password123
    • Landless2029@lemmy.worldEnglish
      2·
      11 months ago

      And how much would a solution cost in bulk for millions/billions of people? Also you can always tack on $10-$20 as a fee and you’re done.