And finally… deep in it

A fraudster has succeeded in swindling over £20 million from a company by using deepfake technology to pose as its chief financial officer.

In a cautionary tale for the AI age, the scam saw a finance worker in the Hong Kong office of a multinational firm invited via email to join a video call with senior employees.

While initially suspicious of the email, which referred to a secret transaction, the worker was apparently reassured to recognise the faces and voices in the call.

Police said the worker subsequently agreed to transfer $200 million HKD on the instruction of the fake CFO, CNN reports.

Six people have been arrested in Hong Kong in connection with this type of deepfake scam so far.

Share icon
Share this article: