If You Think Deep Fakes Won’t Fool You …

Reports say that a multinational company is out $25 million after an employee was tricked into wiring the money to fraudsters.

This would, unfortunately, not be that unusual if it were not for how the hackers did it.

Initially, the worker became suspicious after receiving a message supposedly from the CFO, thinking it was a scam.

For for $25 million, the hackers were willing to expend a little bit more effort.

The hackers arranged a video conference call to discuss the payment and invited him.

The worker said that the people on the call looked familiar and sounded like they usually did.

However, the entire call – except for this one worker – were deep fakes.

On the call the CFO told this person exactly what distributions to make – to the hackers.

He then followed the instructions from what he thought was the CFO and poof, $25 million gone.

This is not the first time things like this happened.

In another case, the head of the African Union held video conference calls with EU heads of state. Except that the meetings were actually with a deep fake. The EU leaders never figured that out.

The moral of the story is verify and then verify again.

Failing to do so could get expensive. Credit: Hack Read

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