DEEP FAKE CEO's VOICE USED TO STEAL $243,000 USD IN SOCIAL ENGINEERING BEC SCAM!

You knew this was going to happen! Someone used a deep fake audio to try to social engineer a CEO. Deep Fake Audio has been getting pretty darn good and we’ve discussed the increasing sophistication of the software some of which is in open-source projects.

""Criminals used artificial intelligence-based software to impersonate a chief executive’s voice and demand a fraudulent transfer of €220,000 ($243,000) in March in what cybercrime experts described as an unusual case of artificial intelligence being used in hacking.

“The CEO of a U.K.-based energy firm thought he was speaking on the phone with his boss, the chief executive of the firm’s German parent company, who asked him to send the funds to a Hungarian supplier. The caller said the request was urgent, directing the executive to pay within an hour, according to the company’s insurance firm, Euler Hermes Group SA. Euler Hermes declined to name the victim companies.”

See our blog post for this story and discuss it here:

AI Used For Social Engineering. Fraudsters Mimic CEO’s Voice in Unusual Cybercrime Case | WSJ


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