Deep Fake of CFO on Videocall Used to Defraud Company of $25M

Hackers are using AI to sift large digital data to identify more convincing approaches for their scams as well as weaknesses in weaknesses in software coding or network security.

7 minute read March 01, 2024 at 12:11 AM

Scott Warren

Deep Fake of CFO on Videocall Used to Defraud Company of $25M

Cyber executive fraud scams have been rampant for years. These scams trick an employee into transferring large sums of money into the fraudster's bank account.

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