A Voice Deepfake Was Used To Scam A CEO Out Of $243,000

#artificialintelligence 

Anonymous hacker programmer uses a laptop to hack the system in the dark. Phone scams are nothing new, but the mark usually isn't an accomplished CEO. According to a new report in The Wall Street Journal, the CEO of an unnamed UK-based energy firm believed he was on the phone with his boss, the chief executive of firm's the German parent company, when he followed the orders to immediately transfer €220,000 (approx. In fact, the voice belonged to a fraudster using AI voice technology to spoof the German chief executive. Rüdiger Kirsch of Euler Hermes Group SA, the firm's insurance company, shared the information with WSJ. He explained that the CEO recognized the subtle German accent in his boss's voice--and moreover that it carried the man's "melody."

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