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Hong Kong HQ MNC Lost $25.6 Million in Deepfake Video Conference Fraud with Key Individuals Including CFO Replicated on Video Call, Employee Instructed to Transfer $25.6 Million in 15 Transfers to 5 Bank Accounts in Hong Kong
12th February 2024 | Hong Kong
A Hong Kong headquartered MNC had lost $25.6 million (HKD 200 million) in a deepfake video conference fraud with key individuals including CFO replicated on the video call. An employee was instructed during the conference call to transfer $25.6 million in 15 transfers to 5 bank accounts in Hong Kong. In the conference call, everyone is fake except the victim (employee).
“ Hong Kong HQ MNC Lost $25.6 Million in Deepfake Video Conference Fraud with Key Individuals Including CFO Replicated on Video Call, Employee Instructed to Transfer $25.6 Million in 15 Transfers to 5 Bank Accounts in Hong Kong “
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Hong Kong HQ MNC Lost $25.6 Million in Deepfake Video Conference Fraud with Key Individuals Including CFO Replicated on Video Call, Employee Instructed to Transfer $25.6 Million in 15 Transfers to 5 Bank Accounts in Hong Kong
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