Scammers leveraged artificial intelligence software to mimic the voice of a chief executive and successfully request $243,000.
"Fraudsters are constantly looking for new ways to scam their victims. One unique case gives the security industry a glimpse of what they could do with artificial intelligence (AI) and voice recording.
As part of an incident in March, an attacker called the CEO of a UK-based energy business pretending to be the head of its German parent company. Analysts believe AI-based software was used to impersonate the chief executive's voice, as it had the slight German accent and other qualities the UK CEO recognized in his boss's voice - qualities that led him to believe the call was legitimate. The caller issued an 'urgent' request to the CEO, demanding he transfer $243,000 to a Hungarian supplier within an hour's time.."
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