Deepfake Scam Costs Engineering Firm $25 Million, Highlights Urgency Of Workplace Cybersecurity
Allwork
MAY 17, 2024
British engineering firm Arup has fallen victim to a sophisticated deepfake scam , resulting in a $25 million loss. The Financial Times reports that the scammers used a digitally cloned version of a senior manager to successfully order financial transfers during a video conference. This breakthrough incident reveals the urgent need for improv ed cybersecurity measures as the global workforce increasingly relies on video conferences, artificial intelligence (AI), and other digital interactio
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