HK multi-national firm scammed of $34 million after employee duped by video call with deepfake of CFO and other participants

Not just Taylor Swift!

"A multi-national company was scammed of HK$200 million (S$34 million) after an employee in Hong Kong attended a video conference call with deepfake recreations of the company’s chief financial officer and other employees.

The South China Morning Post reported on Feb 4 that the case was the first of its kind in Hong Kong, but local police did not name the company or its employees involved.

Hong Kong police senior superintendent Baron Chan said that aside from the employee that was duped, every colleague in the video call was “fake”.

The scammers had used publicly available footage to digitally recreate each individual.

The employee, who works in the finance department, had received a message in January – from someone who appeared to be the company’s Britain-based CFO – asking for a transaction to be made. ..."

HK firm scammed of $34 million after employee duped by video call with deepfake of CFO | The Straits Times