Deepfake video conference sees criminals escape with US$25 million
News and information from the Advent IM team.
- by Anthony Orjally
- Industry News
In February, a multinational company’s finance team member in Hong Kong made headlines after he transmitted HK$200 million (US$25 million) to cybercriminals who pretended to be the chief financial officer and other colleagues, using deepfake technology, in what the worker thought was a legitimate video conference.