"Multinational Firm's $25 Million Loss: The Rise of Deepfake Scams"

An employee at a multinational company in Hong Kong fell victim to a deepfake scam, transferring $26 million to scammers after attending a video call with AI-generated impersonations of co-workers, including the CFO. The scammers used deepfake technology to emulate voices and instructed the employee to make transactions to local bank accounts. The employee realized it was a scam a week later and notified the police, who are currently investigating the incident. This incident highlights the growing threat of deepfake technology in cybersecurity and the need for increased awareness and prevention measures.