CZ Warns AI Deepfakes Threaten Crypto Security, Video Calls Unsafe

On 20 June, CZ voiced his concern over the rising application of artificial intelligence (AI) in deep fake hacking methods. Deepfakes involve the manipulation of images, audio or video files using AI technology to create a fake version of the real person. They have now become a new method of hacking. Even video call verifications, which were considered secure in the past, can be tricked by these attacks.

The latest tweet by CZ mentioned the way the deepfake technology is rendering the old verification techniques useless. Moreover, hackers are often using AI to cause people to communicate with hackers, thinking that they are talking to the people they trust. This highlights the necessity of increased concern for security and safeguarding. This is especially when accepting unsolicited messages, either from friends or even strangers. Their malicious use poses a concern, potentially affecting all industries, where the practice of identity theft may result in significant financial losses.

CZ instructed users not to download or install any software through unauthorised links. This is more so when the other party is termed as a friend who might as well be hacked. This shows the need to ensure that the authenticity of the links is established before clicking on any site or web page.

The Largest Password Leak in History: 16 Billion Credentials Exposed

The next threatening cybersecurity incident was announced when Mario Nawfal stated that 16 billion passwords were leaked. The leak contains the login data of significant services like Apple, Google, and Facebook. This leaves billions of users vulnerable to identity theft, data hacking and monetary fraud.

This magnitude of hacking has cast doubt on the strength of password security in popular online sites. This leak acts as a wake-up call to both customers and corporations that the password management system must be far stronger and more secure. As a means to overcome the harm caused by such breaches, specialists advise that every person should change their passwords on a regular basis.

Further, the users should do two-factor authentication (2FA) wherever feasible. Since the leakage of data still takes place, passwords are not enough anymore. With the proposed use of 2FA hardware devices by CZ, an extra security barrier can be placed on the table to prevent unauthorised access to personal accounts.

Cybersecurity Best Practices: Strengthening Personal and Institutional Defences

With threats related to cyberattacks becoming more advanced, it is important that individuals and organisations improve their own cybersecurity habits. CZ’s advice to use different passwords on different websites and email addresses will minimise exposure in case of a data breach. Password reuse is one of the most prevalent types of vulnerabilities. Therefore, the possibility of a successful attack can be reduced significantly by introducing stricter password management rules.

Moreover, there is an additional security by activating hardware 2FA devices. Such devices complicate access to accounts of cybercriminals, in case they stole the passwords during a data leak. The growing concerns about AI-based deepfake hacking and the flood of data circulation worsen the importance of enhanced cybersecurity awareness. Individuals and companies can stand a better chance of being safeguarded against these game-changing threats by implementing multi-layered security. This includes the use of strong and unique passwords and the use of hardware 2FA.