Cybercriminals scam £200,000 out of energy firm by using AI to mimic CEO's voice

#artificialintelligence 

It's one of our most distinctive features, but it seems that your voice isn't safe from cybercriminals, if a recent case is anything to go by. In the case, cybercriminals developed an AI that mimicked a CEO's voice so well, that it was able to scam an energy firm out of hundreds of thousands of pounds. The Wall Street Journal reported the scam, which happened back in March, and saw criminals swindle a staggering $243,000 (£201,000). The fraudsters used AI to mimic a chief executive from the German parent company of an unnamed UK energy firm. This voice was so believable that the UK-based CEO was tricked into making a large transfer of money to the chief executive, via a Hungarian supplier.

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