Online Learning Update

September 18, 2019

Forget email: Scammers use CEO voice ‘deepfakes’ to con workers into wiring cash

Filed under: Online Learning News — Ray Schroeder @ 12:02 am

Liam Tung, ZDNet
AI-generated audio was used to trick a CEO into wiring $243,000 to a scammer’s bank account. The Wall Street Journal reports that the CEO of an unnamed UK-based energy company thought he was talking on the phone with his boss, the CEO of the German parent company, who’d asked him to urgently transfer €220,000 ($243,000) to a Hungarian supplier. However, the UK CEO was in fact taking instructions from a scammer who’d used AI-powered voice technology to impersonate the German CEO. The UK-based CEO became suspicious when the fraudster called a third time requesting a second transfer and noticed the call was from an Austrian number.

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