Bitget and KYC service provider Sumsub: With the development of artificial intelligence, security verification technology needs to be continuously optimized and improved

Sumsub data shows that from Q1 2023 to Q1 2024, the number of deep fake certificates detected by the global encryption industry increased by 217%, mainly driven by new technologies such as AI, and this type of case is growing. Regarding the network security issues facing the industry recently, Bitget CEO Gracy Chen said: "Although innovative technologies such as artificial intelligence have brought positive impacts to the world, they are also being used by more and more criminals for deep fake fraud. Therefore, our verification technology needs to be continuously optimized and improved. As a centralized exchange, it is crucial to ensure the data security of users. Sumsub, as our long-term partner, will assist us in continuously improving the security of user data." Sumsub co-founder Jacob Sever added: "Today, using AI-driven solutions to combat AI-driven threats is the benchmark for ensuring the security of Web3 companies. We are honored to assist Bitget in preventing Deepfake fraud. Our goal is to maintain long-term cooperation with Bitget and create a civilized, safe and green network environment." Previously, Bitget announced an upgraded cooperation with Sumsub, a full-process KYC service provider. The main functions provided by Sumsub to Bitget include identity verification, facial biometric detection, non-document verification, and database verification. Combined with AI-driven deep fake detection and fraud prevention technology, as well as Sumsub's extensive certification and identification, Sumsub's recognition accuracy for AI-based deep fake documents exceeds 99%.