A Deepfake Scammed a Bank out of $25M — Now What?
February 9, 2024 at 11:58AM Finance worker in Hong Kong was scammed out of $25 million by deepfake video conference impersonating company’s CFO. Trend Micro previously warned about this type of fraud. Increasing accessibility to deepfake technology and AI-powered fraud is heightening the risk. Organizations need to strengthen processes, collaborations, and defense technology to defend … Read more