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Cyber Security

CEO ‘Deep Fake’ Swindles Company Out of $243K

In first known case of successful scamming via audio deep fakes, cybercrooks create near-perfect impersonation of a chief executive s voice and then used the audio to fool his company into transferring $243,000 to their bank account. Security experts say that the incident, first reported by the Wall Street Journal, sets a dangerous precedent. A 2018 report by Pindrop found that voice fraud had jumped 350 percent from 2013 to 2017 with one in 638 calls synthetically created.

Source: https://threatpost.com/deep-fake-of-ceos-voice-swindles-company-out-of-243k/147982/

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