AI Mimics CEOs Voice To Steal £201000 – GMA

#artificialintelligence 

A recent Wall Street Journal report has highlighted how, in March this year, a group of hackers were able to use AI software to mimic an energy company CEO's voice in order to steal £201,000. Reports indicate that the CEO of an unnamed UK-based energy company received a phone call from someone that he believed to be the German chief executive of the parent company. The person on the end of the phone ordered the CEO of the UK-based energy company to immediately transfer €220,000 (£201,000) into the bank account of a Hungarian supplier. The voice was reported to have been so accurate in its sound, that the CEO of the energy company even recognised what he thought was the subtleties of the German accent of his boss, and even "melody" of the accent. The call was so convincing that the energy company made the transfer of funds as requested.

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