Cybersecurity company Cato Networks said a new AI deep fake tool ProKYC has been able to bypass KYC measures on cryptocurrency exchanges. Cato chief security strategist Etay Maor said that the tool does not require forged ID documents and can generate fake identities to pass the exchange's facial recognition system. The ProKYC website offers packages that include cameras, virtual simulators, facial animation, fingerprints, and verification photo generation. (Cointelegraph)