Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’

Horrifying deepfake tricks employee into giving away $25 million

Deepfake scams are costing millions (Picture: Getty) A finance worker in Hong Kong was tricked into paying £20 million of his company’s money to fraudsters because of an elaborate deepfake pretending to be his boss. The employee joined a video call with who he thought was the business’s chief financial officer. He was initially suspicious after a message from the CFO mentioned a ‘secret transaction’, suggesting it was a phishing scam. After join…

Company worker in Hong Kong pays out £20m in deepfake video call scam

Police investigate after employee tricked into transferring money to fraudsters posing as senior officers of her firmHong Kong police have launched an investigation after an employee at an unnamed company said she was duped into paying HK$200m (£20m) of her firm’s money to fraudsters in a deepfake video conference call.The Hong Kong police force said it had received a report from a worker that she had been tricked into transferring the money by …

Fraudsters have looted more than 23 million euros in Hong Kong using a fake video conference. They obviously cleverly circumvented the weaknesses of the technology — with the “boss scam.”

Deepfake CFO tricks Hong Kong biz out of $25 million

Recordings of past vidchats suspected as source of fakery – so there's another class of data you need to lock down

A company lost $25 million after an employee was tricked by deepfakes of his coworkers on a video call: police

A person attending a conference call.Alistair Berg/Getty ImagesA company lost $25 million after an employee was tricked by deepfake versions of his colleagues, Hong Kong police say.The person had attended a video call with deepfakes of the firm's UK-based CFO and other colleagues. Hong Kong police said scammers created the deepfakes based on publicly available video.Scammers made off with about $25 million after they used deepfake technology to …

The employee of a Hong Kong multinational was tricked, during a video conference, into conducting several important banking transactions... before realizing that he was the victim of a scam orchestrated with the help of artificial intelligence, reports RTHK, quoted by news.ro