The power of next generation can also become headache to all. Nowadays the AI artificial intelligence is booming with its features and uses, with the same time we I have got the problems regarding the security issues. With the uses of AI software anyone can take advantages of it in the fraud and Criminal actions.
In the March a case of such fraud using AI software has been unveiled. The criminals sought with the help of commercially available AI voice generating software to impersonate the boss of German Parent company that owns a UK based energy firm. The criminal has called CEO to transfer the fund of $243000 to a Hungarian supplier in an hour, with guarantee that the transfer would be reimburse immediately. Thus the CEO heard familiar voice of his boss and had not suspected anything. Then as the funds are transferred to Hungry that were eventually moved to Mexico and other locations. And thus authorities not yet determine the culprits of this cybercrime operation.
In this case AI based voice generation software was able to successfully imitate the voice of German CEO. As the tools are developing to the more and more realistic things the criminals are likelihood of getting advantages of it. This were the beginning of the AI based impersonation attacksIS AI DANGEROUS? Fraud of $243000 using deepfake voice.
The power of next generation can also become headache to all. Nowadays the AI artificial intelligence is booming with its features and uses, with the same time we I have got the problems regarding the security issues. With the uses of air software anyone can take advantages of it in the fraud and Criminal actions.
In the March a case of such fraud using AI software has been unveiled. The criminals sought with the help of commercially available AI voice generating software to impersonate the boss of German Parent company that owns a UK based energy firm. The criminal has called CEO to transfer the fund of $243000 to a Hungarian supplier in an hour, with guarantee that the transfer would be reimburse immediately. Thus the CEO heard familiar voice of his boss and had not suspected anything. Then as the funds are transferred to Hungry that were eventually moved to Mexico and other locations. And authorities not yet determine the culprits of this cybercrime operation.
In this case AI based voice generation software was able to successfully imitate the voice of German CEO. As the tools are developing to the more and more realistic things the criminals are likelihood of getting advantages of it. This were the beginning of the AI based impersonation attacks.
Let's see what could be the major headache will arise for business and organizations due to AI.