Employees at the company’s Hong Kong office were fooled by swindlers who created digitally altered versions of the company’s CFO and others in a video call where “everyone looked real”.
डीपफेक का शिकार बनी एमएनसी कंपनी, सीएफओ बनकर लूट लिए 2.5 करोड़ डॉलर
A deepfake video conference call in which a digitally created avatar of the chief financial officer (CFO) ordered a money transfer caused a multinational company a loss of $25.6 million. This is said to be the first such incident.
Employees at the company’s Hong Kong office were fooled by swindlers who created digitally altered versions of the company’s CFO and others in a video call where “everyone looked real”.
According to the South China Morning Post report, everyone present on the video call except the victim was a fake representation of real people. “Scammers used deepfake technology to transform publicly available videos and other footage into credible versions of meeting participants,” the report said.
Police say this case is the first known example of scammers using deepfakes to defraud financial agencies.
Acting Senior Superintendent Baron Chan Shun-ching was quoted as saying, “This time, in a multi-person video conference, it turns out that what you are seeing is fake.” Company employees sounded like real people on the call.
He followed instructions given during the meeting and made 15 transfers of 200 million Hong Kong dollars ($25.6 million) to five Hong Kong bank accounts. “They used deepfake technology to mimic their target’s voice reading from a script,” Chan said.
It is noteworthy that deepfake obscene pictures of singer Taylor Swift had recently gone viral.