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by AFP Report It has been reported that an employee of a multinational company became a victim of fraud. He received a video conferencing call. The people seen in the call were cyber criminals, but they had used deepfake technology to pose as the CFO and other officers of the company. The employee who became a victim of deepfake could not understand the fraud.
The police received a complaint about the incident on January 29. By then the company had lost $26 million through 15 transfers. The police have not disclosed the name of the company. No one has been arrested in the case so far.
The employee who fell victim to deepfake works in the finance department of the company. The fraudsters introduced themselves as the UK based Chief Financial Office of the company. There were many people involved in the call, out of which only the victim was real, all the others had changed their identities using deepfake technology.
This is how he became an officer of the company
According to the report, audio and video of the real officers of the company were available on the Internet i.e. YouTube etc. Cyber criminals imitated them and impersonated them using deepfake technology. It has also been revealed that the video shown to the victim during the conference call was pre-recorded. The accused did not have any conversation with the victim.
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