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Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’ | CNN (edition.cnn.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’ | CNN::A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose as the company’s chief financial officer in a video conference call, according to Hong Kong police.

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[–] Dagwood222@lemm.ee 4 points 9 months ago

One of the most savage takedowns of the corporate mindset in American history is a Broadway musical "How To Succeed In Business Without Really Trying."

The hero's first step to the top is to find a company that is so big that no one person has any idea of what is actually going on.

I can think of a dozen recent cases where someone simply lied their way into a billion dollars; the cyptocurrency bank guy and the blood test lady spring to mind.