‘New deception tactics’ | Employee costs company $25 million after scam call with deepfaked CFO

An employee at a global organization paid scammers $25 million following a meeting with the company’s Chief Financial Officer (CFO) and other colleagues that turned out to be entirely deepfaked.

The worker is based in Hong Kong and works for the company’s finance department.

They joined a video call after receiving a message from a scammer posing as the company’s London-based CFO, they joined a video call.

Initially, the employee was concerned that the CFO’s behavior appeared to be out of character, reports the South China Morning Post. Their concerns were eased when several other colleagues whom they recognized joined the call.