A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose as the company’s chief financial officer in a video conference call, according to Hong Kong police.

Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’ | CNN::A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose as the company’s chief financial officer in a video conference call, according to Hong Kong police.

  • Dagwood222English
    4·
    10 months ago

    One of the most savage takedowns of the corporate mindset in American history is a Broadway musical “How To Succeed In Business Without Really Trying.”

    The hero’s first step to the top is to find a company that is so big that no one person has any idea of what is actually going on.

    I can think of a dozen recent cases where someone simply lied their way into a billion dollars; the cyptocurrency bank guy and the blood test lady spring to mind.