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Thieves are now using AI deepfakes to trick companies into sending them money

Posted in economics, finance, law, robotics/AI

That might explain things…


There may soon be serious financial and legal ramifications to the proliferation of deepfake technology. The Wall Street Journal reported last week that a UK energy company’s chief executive was tricked into wiring €200,000 to a Hungarian supplier because he believed his boss was instructing him to do so. Instead, it was a thief using deepfake tech.

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