Audio deepfake fraudulently impersonates CEO
Occurred: July 2020
US-based cybersecurity company NISOS has uncovered an attempted fraud in which an employee received a call from someone identifying himself as his company CEO asking him to call back for 'immediate assistance to finalize an urgent business deal.'
Fortunately, the employee 'immediately thought it suspicious' and called the legal department. It transpired the voice had been faked and the number the would-be victim was meant to call was a VOIP service burner with no user information.
In 2021, criminals had fooled a senior director at a UK energy company into transferring USD 240,000 to a bank account in Hungary having cloned the voice of colleague.
Technology: Deepfake - audio; Generative adversarial network (GAN); Neural network; Deep learning; Machine learning
Issue: Impersonation; Security
Transparency: Governance; Marketing
News, commentary, analysis
Published: March 2023