Deepfake tech means Zoom worries have gone from “are you on mute” to “are you real” – Parmy Olson

In a new frontier of corporate fraud, deepfakes have infiltrated Zoom calls, with a finance worker in Hong Kong unwittingly transferring $25 million to scammers posing as colleagues. As AI-powered video tools advance, hackers exploit real-time deepfakes, challenging established security measures. Experts advise using visual cues, monitoring lip sync, employing multi-factor authentication, opting for secure channels, updating software, and avoiding unknown platforms to combat deepfake threats. The incident underscores the urgent need for heightened awareness as skepticism becomes crucial in navigating the evolving landscape of deceptive video technology.

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By Parmy Olson

Is the boss who's giving you an order real or just realistic? Deepfakes are now taking Zoom calls to another level of awkwardness, by making us question whether our co-workers are genuine. A finance worker in Hong Kong transferred more than $25 million to scammers after they posed as his chief financial officer and other colleagues on a video conference call, marking perhaps the biggest known corporate fraud using deepfake technology to date. The worker had been suspicious about an email requesting a secret transaction, but the scammers looked and sounded so convincing on the call that he sent the money.

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