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Mmastodon BusinessBanking first seen 9 h ago, last 7 h ago, peak #3

AI deepfake voice scam costs Fideuram 95 million euros

Original: 95 milioni di euro con un vocale WhatsApp: dentro il deepfake che ha colpito Fideuram Un messaggio WhatsApp e una telefo

A WhatsApp message and a phone call using an AI-cloned voice were enough to steal 95 million euros from accounts at Fideuram, the wealth management arm of Intesa Sanpaolo. The fraud is described as a new form of business email compromise, boosted by deepfake technology, and is raising concern about how easily executive voices can be faked to authorise large transfers.

Why now: The scale of the loss and the use of AI voice cloning in a major bank fraud make it a striking example of new deepfake-enabled financial crime.

FideuramIntesa Sanpaolo

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