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.
Chip cards wouldn't work online unless we had some sort of reader in electronics to insert the chip into like the credit card terminals. But yes, that would help a lot.
This shows that anything is pointless if the other side believes in kinds of verification which can be manufactured the way you can't distinguish it from the real thing.
Frankly I'm feeling a bit of love now to banks which don't allow you to do anything scary without visiting their office in person.
I like to thread the needle between "useful verification of identity" and "not a horrifying invasion of privacy that puts everyone in our society at risk"
Reading these kinds of things will just result in is creating horrible identification laws like having to scan your face each time you want to watch porn.
Yeah, I hate how the institutions now ask for endless information and IDs to identify you. It does look like asking for a copy of an ID is about to get worse.
The military already has a solution to this. Smart card ID cards. So it acts like a hardware security key that you plug into your computer to verify it's you. Or at least the person possessing it. And it relies on the central authority to invalidate and verify the authenticity of that signature. Just like a yubikey
Combine the ID card with a fingerprint scanner built into the ID card. You get the best of the security enclave. And public key verification.
In Spain you just go to an office, show your ID and they give you a personal certificate you import into your browser. You can use the same cert on multiple computers and have multiple certs in the same browser. When you visit government pages it asks you which cert you want to use and voilà, you're authenticated. You can also use the same cert to sign files and it's a legally valid signature. It uses common standards and works on Linux.
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