AI Used For Social Engineering. Fraudsters Mimic CEO’s Voice in Unusual Cybercrime Case | WSJ

guest · Aug 31, 2019

AI Used For Social Engineering. Fraudsters Mimic CEO’s Voice in Unusual Cybercrime Case | WSJ
Scams using artificial intelligence are a new challenge for companies
August 30, 2019
https://blog.knowbe4.com/ai-used-fo...mic-ceos-voice-in-unusual-cybercrime-case-wsj

Catherine Stupp at the Wall Street Journal reported on something we have predicted would happen in this blog. The article started out with:

"Criminals used artificial intelligence-based software to impersonate a chief executive’s voice and demand a fraudulent transfer of €220,000 ($243,000) in March in what cybercrime experts described as an unusual case of artificial intelligence being used in hacking.
Whoever was behind this incident appears to have used AI-based software to successfully mimic the German executive’s voice by phone. The U.K. CEO recognized his boss’ slight German accent and the melody of his voice on the phone, said Rüdiger Kirsch, a fraud expert at Euler Hermes, a subsidiary of Munich-based financial services company Allianz SE."

This is essentially the next step up in the escalation of using social engineering in a case of CEO Fraud. You need to step your employees through new-school security awareness training to prevent human errors like this.
Click to expand...

mirimir · Aug 31, 2019

You'd think that more authorization would be required. I mean, voice actors have existed forever.

Log in or Sign up

AI Used For Social Engineering. Fraudsters Mimic CEO’s Voice in Unusual Cybercrime Case | WSJ

guest Guest

mirimir Registered Member

Log in or Sign up

AI Used For Social Engineering. Fraudsters Mimic CEO’s Voice in Unusual Cybercrime Case | WSJ

guest Guest

mirimir Registered Member

Useful Searches