Netsafe chief executive Martin Cocker. Photo: NZMENetsafe's chief executive Martin Cocker says deepfake scams will be upon us within a few years. Even so, Mr Cocker said, such hustles were resource-intensive and therefore rare. Mr Cocker said all the money made from fraud could be reinvested in new schemes to persuade people to part with their money. "It’s really easy to say only fools fall for scams ... but there’s no question we see sophisticated, intelligent people drawn into scams and seasoned investors," Mr Cocker said.

Source: Otago Daily Times January 29, 2021 15:22 UTC