Monday, October 7, 2019

Britain’s first ‘deep fake’ fraud: Energy executive conned into handing over £200,000 to thieves who used software to fake their boss’s voice.

A British energy executive was tricked into paying more than £200,000 to cyber scammers who used artificial intelligence to fake his boss’s voice.
In what is thought to be the first case of its kind, hoaxers used so-called ‘deep fake’ computer technology to defraud the multi-billion-pound energy firm.
In a chilling echo of BBC drama The Capture, the UK manager of the unnamed firm was duped into transferring the money after a phone call that appeared to come from his boss at the German parent company.

The fraudsters were able to use technology that imitated the German boss’s accent and speaking style so convincingly that the manager had no reason to suspect his request for the transfer.

Security experts warned last night the case showed that fraudsters had reached ‘the final frontier of fakery’, with no limit to the extent that people could be defrauded.

Highly sophisticated deep fake software that mimics voices or manipulates video clips has grown in recent years amid advances in artificial technology, according to security experts.

In The Capture, starring Holliday Grainger and Callum Turner, CCTV footage is doctored using advanced software to frame a soldier for the murder of his barrister.

And experts warn it will soon be impossible to distinguish between real and fake audio and video.

The worrying potential of the technology was illustrated earlier this year when US President Donald Trump shared a doctored video on Twitter that appeared to show Nancy Pelosi, the Democrat speaker of the House of Representatives, stumbling over her words.

In what is thought to be the first time deep fake technology has been used to defraud a company, the UK executive was told to make the bank transfer to a Hungarian bank account immediately because it was an urgent payment.
The manager was told the money would be replaced by…

Full article – https://www.dailymail.co.uk/news/article-7542259/Energy-executive-conned-handing-200-000-thieves-used-software-fake-bosss-voice.html

** Many thanks to all our supporting artists who worked on The Capture ***



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