Scammer Successfully Deepfaked CEO’s Voice To Fool Underling Into Transferring $243,000

September 3rd, 2019

I don’t entirely believe this one, but it’s interesting if true. When I’ve been in a position to spend tens of thousands of dollars of a company’s money, it never happened based on just a phone call with the CEO.

But, hey, these kids today…

Via: Gizmodo:

The CEO of an energy firm based in the UK thought he was following his boss’s urgent orders in March when he transferred funds to a third-party. But the request actually came from the AI-assisted voice of a fraudster.

The Wall Street Journal reports that the mark believed he was speaking to the CEO of his businesses’ parent company based in Germany. The German-accented caller told him to send €220,000 ($243,000 USD) to a Hungarian supplier within the hour. The firm’s insurance company, Euler Hermes Group SA, shared information about the crime with WSJ but would not reveal the name of the targeted businesses.

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