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Mmastodon BusinessBanking first seen 1 d ago, last 47 min ago, peak #1

Deepfake voice scam drains €95 million from Fideuram

Original: 95 milioni di euro con un vocale WhatsApp: dentro il deepfake che ha colpito Fideuram Un messaggio WhatsApp e una telefo

A fraudster used a WhatsApp voice message and an AI-cloned voice on a phone call to convince Fideuram, the asset management arm of Intesa Sanpaolo, to transfer 95 million euros. The scam is described as a new form of business email compromise, where deepfake audio lets attackers impersonate executives with convincing accuracy. The case is drawing attention to how easily AI voice cloning can defeat verification procedures at even major financial institutions.

Why now: The scale of the loss and the use of AI voice cloning highlight growing deepfake fraud risks for banks and companies.

FideuramIntesa SanpaoloWhatsApp

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