Scammers Use AI To Fake CEO’s Voice, Transfer $243,000

The fake caller apparently used AI, in what is thought to be a ... [ii] https://www.wsj.com/articles/fraudsters-use-ai-to-mimic-ceos-voice-in-.... Using a deepfake imitating the voice of its parent company's CEO, a scammer convinced an energy executive to transfer $243000 to a third-party account. ... $243,000. September 3rd 19__Dan Robitzski__Filed Under: Artificial Intelligence.. AI-generated audio was used to trick a CEO into wiring $243000 to a ... voice and con subordinates into transferring funds to a scammer's.... While AI helps us in numerous ways, it also contributes to malicious activities as suggested by a new cybercriminal case. AI used in money fraud.. So-called artificial intelligence apps like Zao had been stirring up controversy with their potential abusive use to beat facial recognition systems. ... CEO voice deepfake blamed for scam that stole $243,000 ... was ordered to immediately move 220,000 (approximately US $243,000) into what he thought was.... Scammers Using Deepfakes of CEO's Voice to Trick Employees ... Artificial Intelligence (AI) technology is evolving rapidly, and scammers are finding new and ... It's Getting Harder to Spot a Deep Fake Video ... he was asked urgently to transfer 220,000 ($243,000) to a Hungarian supplierand he did.. AI Deep Fake Mimicked a CEO's Voice and Stole 220,000 ... voice and demand a fraudulent transfer of 220,000 ($243,000) in March in ... Law enforcement authorities and AI experts have predicted that criminals would use AI to ... the melody of his voice on the phone, said Rdiger Kirsch, a fraud expert.... An unusual case of CEO fraud used a deepfake audio, an artificial intelligence ... in March, the fraudsters used a voice-generating AI software to mimic the voice of ... The attackers demanded that an urgent wire transfer be made to a ... using a security technology designed to fight against BEC scams, such.... The fraudsters asked to transfer the money to a Hungary-based supplier in ... attack, fraudsters have been found using AI-based voice-generating ... the fraudsters used the AI-based software to fake the voice of the CEO of a.... A Voice Deepfake Was Used To Scam A CEO Out Of $243,000 ... In fact, the voice belonged to a fraudster using AI voice technology to spoof the ... the company three times: the first to initiate the transfer, the second to falsely.... Using AI technology, criminals impersonated the voice of a CEO to trick employees into transferring hundreds of thousands of dollars.. But the request actually came from the AI-assisted voice of a fraudster. ... Deepfaked CEO's Voice To Fool Underling Into Transferring $243,000 ... Even though the same fake voice was used, the last call was made with an.... Criminals use commercially available voice-generating AI software to impersonate ... Fraudsters deepfake CEO's voice to trick manager into transferring $243,000 ... Now, it appears that use of fake voice tech is on the rise too.. Scammers deepfake CEO's voice to talk underling into $243,000 transfer ... that the British CEO transfer $243,000 to a Hungarian supplier within the ... they believe that artificial intelligence- (AI)-based software was used ... Then, they called a third time, to ask for another payment, using the same fake voice.. Scams using artificial intelligence are a new challenge for companies ... executive's voice and demand a fraudulent transfer of 220,000 ($243,000) in ... The U.N. center is researching technologies to detect fake videos, which.... ... wire transfer using an AI-powered deep fake of a chief executive's voice, ... the audio to fool his company into transferring $243,000 to their bank account. ... fraud than ever before, David Thomas, CEO of identity verification.... Thieves are now using AI deepfakes to trick companies into sending them money ... was using deepfake software to mimic the voice of the executive and ... The phone call was matched with an email, and the energy firm CEO obliged. ... from both the fake and the real versions of the man simultaneously,.... Scammers deepfake CEO's voice to talk underling into $243k transfer? ... Unless their subordinate was talking to a social engineer using a deep fake. On the ... Regardless of the advances in AI, I think text-based social engineering will still be.... As it turns out, the funds the CEO transferred to Hungary were eventually ... which first reported the news, the voice fraud cost the company $243,000. ... attach using an AI generated voice to deep fake the unsuspecting victim.. Attackers use 'Deepfake' Voice Software to steal US$243,000 ... a company's CEO voice to trick the other party into transferring 220,000 (US$...

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