Artificial Deceit: The High Stakes of AI Fraud
In a shocking twist of cyber fraud out of Hong Kong, a finance expert at a global firm fell prey to a scam, losing $25 million to fraudsters who used a deepfake—a highly realistic, AI-generated video—of the company’s CFO to trick them. This meticulously planned heist involved the victim being duped into making 15 money transfers to fake accounts, showcasing […]