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Scammer Poses As CFO in Deepfaked Meeting On Zoom, Steals $25 Million

Monday February 5, 2024. 04:34 AM , from Slashdot
Slashdot reader Press2ToContinue shared this report from WION:: The Hong Kong branch of a multinational company has lost $25.6 million after a scammer used deepfake technology to pose as the firm's chief financial officer (CFO) in a video conference call and ordered money transfers, according to the police, in what is being highlighted as first of its kind cases in the city. The transaction was ordered during a meeting where it was found that everyone present on the video call except the victim were deepfakes of real people, said the Hong Kong police, on Friday (Feb 2)... Scammers in this case used deepfake technology to turn publicly available video and other footage of staff members into convincing meeting participants.

Read more of this story at Slashdot.
https://yro.slashdot.org/story/24/02/05/0243233/scammer-poses-as-cfo-in-deepfaked-meeting-on-zoom-st...

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