Fraudsters Used AI to Mimic CEO’s Voice in Unusual Cybercrime Case

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Fraudsters Used AI to Mimic CEO’s Voice in Unusual Cybercrime Case
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Traditional cybersecurity tools weren’t built to detect AI-enabled voice impersonation, experts say

Criminals used artificial intelligence-based software to impersonate a chief executive’s voice and demand a fraudulent transfer of €220,000 in March in what cybercrime experts described as an unusual case of artificial intelligence being used in hacking.

The CEO of a U.K.-based energy firm thought he was speaking on the phone with his boss, the chief executive of the firm’s German parent company, who asked him to send the funds to a Hungarian supplier. The caller said the request was urgent, directing the executive...

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