Arup revealed as victim of $25m deepfake scam
https://techmonitor.ai/technology/cybersecurity/arup-25m-deepfake-scammers
Arup has reported losing $25m in a deepfake scam earlier this year. Threat actors convinced the engineering firm’s Hong Kong office to transfer the sum in several financial transfers during a video call after one of the attackers impersonated a senior manager. According to the city’s police force, the firm acted on a message they believed to have been sent from Arup’s UK-based chief financial officer. The cybercriminals remain unidentified.
“We can confirm that fake voices and images were used” in the scam, Arup told the FT. “Our financial stability and business operations were not affected and none of our internal systems were compromised.”