Deepfakes are no longer a niche concern. They are fuelling scams across Asia Pacific, from Singapore to Hong Kong, and eroding public trust in financial institutions. On Industry Insight, Christophe Barel, Managing Director for Asia Pacific at the Financial Services Information Sharing and Analysis Center (FS-ISAC), explains why AI-powered fraud is now a systemic risk to the region’s financial sector. He shares how phishing and synthetic identities are evolving, why fraud cases have surged by over 1,500% in Singapore, and what happens when consumer confidence in banks starts to crack. This is Part 1 of our special series on deepfake fraud focusing on the industry-wide risks and why collective defense is critical to safeguarding digital finance.

(*Part 2 of this deepfake fraud series, 'Biometrics & Liveness: Securing digital identity against deepfakes' focuses on the technology protecting digital identity)

Deepfakes are no longer a niche concern. They are fuelling scams across Asia Pacific, from Singapore to Hong Kong, and eroding public trust in financial institutions. On Industry Insight,&nbsp;Christophe Barel, Managing Director for Asia Pacific at the Financial Services Information Sharing and Analysis Center (FS-ISAC), explains why AI-powered fraud is now a systemic risk to the region&rsquo;s financial sector. He shares how phishing and synthetic identities are evolving, why fraud cases have surged by over 1,500% in Singapore, and what happens when consumer confidence in banks starts to crack. This is Part 1 of our special series on deepfake fraud focusing on the industry-wide risks and why collective defense is critical to safeguarding digital finance.
(*Part 2 of this deepfake fraud series, 'Biometrics &amp; Liveness: Securing digital identity against deepfakes' focuses on the technology protecting digital identity)

Take a step back, refocus, and Reset with Lynlee.

Take a step back, refocus, and Reset with Lynlee.

Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world — from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what’s driving the headlines and where things are heading next.

Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Take a step back, refocus, and Reset with Lynlee.
Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world &mdash; from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what&rsquo;s driving the headlines and where things are heading next.
Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.