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Intesa Sanpaolo
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- 1Deepfake voice scam drains €95 million from Fideuram●95 milioni di euro con un vocale WhatsApp: dentro il deepfake che ha colpito Fideuram Un messaggio WhatsApp e una telefo
A fraudster used a WhatsApp voice message and an AI-cloned voice on a phone call to convince Fideuram, the asset management arm of Intesa Sanpaolo, to transfer 95 million euros. The scam is described as a new form of business email compromise, where deepfake audio lets attackers impersonate executives with convincing accuracy. The case is drawing attention to how easily AI voice cloning can defeat verification procedures at even major financial institutions.
- 2AI fraudsters steal €95mn from Intesa Sanpaolo private bank▼AI fraudsters steal €95mn from Intesa Sanpaolo private bank; Swiss finance minister casts doubt on UBS leaving country
Fraudsters using artificial intelligence have stolen €95 million from the private banking arm of Italy's Intesa Sanpaolo, in one of the largest reported AI-enabled thefts from a European bank. The story is circulating alongside separate Swiss news, with Switzerland's finance minister casting doubt on suggestions that UBS could leave the country, keeping both items in financial headlines.