Deepfake Video Scam: Company Loses $25.6 Million As Virtual Avatar Of CFO Orders Money Transfers

[ad_1] Hong Kong: A deepfake video conference call where a digitally recreated avatar of the chief financial officer (CFO) ordered money transfers has cost a multinational company $25.6 million in a first-such scam. Employees at the company’s Hong Kong office were fooled by scammers who created digitally-altered versions of the company’s CFO and others…

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