Deepfake Technology Used to Fool Employees into Transferring Funds to Criminals
InterWest Insurance Services
MARCH 26, 2024
A finance worker at a multinational company in Hong Kong was duped into transferring $25 million to criminals who had used deepfake technology to pose as the business’s chief financial officer during a video conference call, according to local police. The creations have grown increasingly sophisticated and harder to detect.
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