HK$200 million lost in deepfake conference call scam in Hong Kong first
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Police sound alarm after employee tricked by digital recreation of company’s finance chief and others in video call.

Multinational firm’s Hong Kong office loses HK$200 million after scammers stage deepfake video meeting::undefined

  • RememberTheApollo@lemmy.worldEnglish
    19·
    10 months ago

    A multinational company lost HK$200 million (US$25.6 million) in a scam after employees at its Hong Kong branch were fooled by deepfake technology, with one incident involving a digitally recreated version of its chief financial officer ordering money transfers in a video conference call, police said.

    Everyone present on the video calls except the victim was a fake representation of real people. The scammers applied deepfake technology to turn publicly available video and other footage into convincing versions of the meeting’s participants.

    Police said they were highlighting the case as it was the first of its kind in Hong Kong and involved a large sum. They did not reveal details about the company or the employees involved.