#DeepfakeFraud

LastPass: Hackers targeted employee in failed deepfake CEO call

by

April 11, 2024 at 06:06PM LastPass recently reported an attempted deepfake audio attack on one of its employees impersonating the CEO, using WhatsApp, an uncommon business channel. The attack failed, but LastPass shared details to raise awareness of AI-generated deepfakes in executive impersonation fraud. The rise in deepfake attacks prompted alerts and advice from organizations … Read more

Deepfake-Generating Apps Explode, Allowing Multimillion-Dollar Corporate Heists

by

February 5, 2024 at 05:28PM Deepfake creation software is rapidly spreading on the Dark Web, leading to an increase in AI-assisted financial fraud. In a recent incident, a Hong Kong-based employee fell victim to a deepfake scam, resulting in $25.5 million in fraudulent transactions. The availability of sophisticated deepfake tools poses a significant challenge for … Read more