Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • Contact Us
Reading: Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
[ccpw id="20060"]
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
    • Quizzes
  • Crypto Prices
  • Contact Us
Reading: Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads
Newsletter
Crypto Market Highlights May 23, 2022 Crypto Market Highlights May 23, 2022
[ccpw id="20060"]
  • News
  • Stories
  • Market Analysis
  • Learn
  • Crypto Prices
  • Contact Us
Search
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • CBDC
    • Crypto Exchange News
    • Cryptocurrencies
    • DeFi News
    • Ethereum News
    • Hacks and Scams
    • Litecoin News
    • Metaverse News
    • NFT News
    • Press Release
    • Ripples News
    • Sponsored Post
    • Web3 News
  • Stories
    • Interviews
  • Market Analysis
  • Learn
    • Bitcoin
    • Blockchain
    • Crypto Guide
    • Cryptocurrency Exchange
    • DeFi
    • Ethereum
    • Metaverse
    • NFTs
    • Trading
    • Web3
    • Quizzes
  • Crypto Prices
  • Contact Us

Trending →

Metaplanet to Raise $5.4B for Bold Bitcoin Buy

By Ezinne Ukaegbu 1 week ago

Shiba Inu Price Risks 22% Drop as Burn, TVL Fall

By Ezinne Ukaegbu 1 week ago

Crypto ETPs Explode: $286M Inflows as Ether Dominates Market

By Ezinne Ukaegbu 2 weeks ago

Deflationary Tokenomics vs. Hype: What Really Makes Pepe Hunt Different

By Rita Umukoro 2 weeks ago

WonderChain Ignites Web3: 3 Bold Travel Trends

By Ezinne Ukaegbu 3 weeks ago
Follow US
© Coins Creed. All Rights Reserved.

Home » Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads

Hacks and Scams

Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads

Grace.Ezinne
Last updated: 8 months ago
By Grace.Ezinne
Share
3 Min Read
SHARE

Meta will evaluate the facial recognition technology on 50,000 public figures and celebrities in order to reduce the prevalence of deepfake celebrity ad scams.

Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads
Meta Tests Use of Facial Recognition to Fight Fake Celeb Ads

Meta , a social networking company with nearly 4 billion users, is currently conducting a test to determine the feasibility of utilizing facial recognition technology to address the issue of fake celebrity scam advertisements affecting its platforms.

Meta Introduces Facial Recognition Technology to Fight Scam

Meta announced that it will conduct a facial recognition technology trial with 50,000 public figures and personalities in the upcoming weeks, following the “promising results” of early testing with a small group of celebrities.

Meta stated that the system compares the images in the advertisement with the celebrity’s Facebook and Instagram profile photographs to identify scams. “We will block the advertisement if we confirm a match and determine it to be a scam,” the company emphasized on October 21.

In the past, fraud advertisements have impersonated celebrities, including Tesla CEO Elon Musk, American TV host Oprah Winfrey, and Australian mining billionaires Andrew Forrest and Gina Rinehart.

The social company stated that the action is a component of the organization’s overarching initiative to combat “celeb-bait” scams perpetrated by cybercriminals who have become more adept at obtaining confidential information or money from their victims.

“This scheme, commonly called “celeb-bait,” violates our policies and is bad for people that use our products.”

Three of Meta’s seven tips to spot scams and stay safe online. Source: Meta
Three of Meta’s seven tips to spot scams and stay safe online. Source: Meta

Mark Zuckerberg’s organization announced that it would send in-app notifications to numerous celebrities identified as targets. These notifications would notify them that they have been included in the protection measure and that they can decline it.

However, Meta may need to exercise caution in light of its recent $1.4 billion settlement with Texas for the unauthorized use of personal biometric data from millions of its residents.

The company declared that it would promptly eliminate facial data generated while assessing whether a celebrity advertisement is fraudulent.

Additionally, it will employ facial recognition technology to enable individuals to confirm their identity and regain access to compromised accounts.

Meta refuted claims from Australia’s consumer regulator that nearly 60% of crypto investment schemes seen on Facebook in August were hoaxes, despite the rise in crypto scam advertisements on Facebook.

AI-generated deepfakes entice numerous victims of these schemes into investing in cryptocurrency.

TAGGED:# crypto scams#Mark ZukerbergMeta
Share This Article
Facebook Twitter Copy Link

You Might Also Like ↷

Crypto Exchange Four Dragons Reportedly Suffers $100m Hack

Crypto Exchange Four Dragons Reportedly Suffers $100m Hack

March 1, 2024
Munchables Plans Strategies to Enhance Platform's Security

Munchables Hacker Returns Stolen Funds Without Ransom

March 27, 2024
Sky Mavis Recovers $5.7M from Ronin Bridge Hack of 2022

Sky Mavis Recovers $5.7M from Ronin Bridge Hack of 2022

June 7, 2024
Meta Signs First AI News Deal with Reuters — Report

Meta Signs First AI News Deal with Reuters — Report

8 months ago
Coinscreed
Stay tuned for a blend of captivating content that not only informs but also inspires you to navigate the ever-evolving landscape of technology, marketing, and market trends!
Coinscreed
FacebookLike
TwitterFollow
InstagramFollow

All Rights Reserved. Coinscreed 2024.

adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist