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Is That Really Your Boss on the Phone?

Deepfakes are taking old scams to the next level. The post Is That Really Your Boss on the Phone? appeared first on Nautilus.

Your phone rings. It’s your company’s president requesting you transfer money to a new supplier. “Of course,” you say, glad she thought of you for the task.

The problem is, it wasn’t your boss calling from the other side of the building but a scammer, half a world away, hiding behind an AI-generated replica of her voice. Those funds are now gone.

Swindlers have been using this sort of and sent almost a quarter of a million dollars to a scammer. “The U.K. CEO recognized his boss’ slight German accent and the melody of his voice on the phone,” reported about the incident. The next year, a Hong Kong bank manager began fulfilling a request was coming from the company’s director to transfer $35 million as part of a (fabricated) merger.

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