1 Day
Source:
المصري اليوم
_1777352142843_145525226.png&w=64&q=75){kind=small}
AI gang posing as CEOs steals $95M
Fideuram Bank, the private banking arm of Italy's largest bank, was targeted in an AI-driven scam that resulted in the theft of 95 million euros (approximately 108 million dollars). The scammers impersonated senior executives, including issuing commands purportedly from the former CEO and the parent company's president, using voice cloning technology to authenticate the instructions. This led the bank's management to transfer funds to external accounts, mainly in China and Hong Kong, before the fraudulent activity was detected. More than half of the stolen amount, around 53 million euros, was recovered. Approximately 36 million euros remain missing, with ongoing international investigations suspecting the involvement of a foreign national outside Europe. This type of scam represents the latest example of using AI to steal money by impersonating high-ranking officials, with experts warning that the risk of such frauds is likely to increase as this technology becomes more widespread.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)