Fake AI-generated voice of CEO used to defraud energy company - SiliconANGLE

An unnamed energy company has been defrauded of $243,000 by scammers who used artificial intelligence to mimic the voice of its chief executive officer. In an incident detailed by The Wall Street Journal, the scammers used the technology in a phone call with the CEO of a U.K. subsidiary of the unnamed German company to order a transfer of funds to a Hungarian supplier. The U.K. CEO believed that he was talking to his German chief and transferred the funds. Those behind the fraud attempted the trick again, but the U.K. subsidiary became suspicious as staff noticed that the calls were originating from Austria, not Germany. The funds were transferred from a Hungarian bank to an account in Mexico before being transferred elsewhere.