Comment by Animats

This article is about the retail version of this kind of fraud. Impersonating CEOs is a thing, and the dollar amounts are much larger.

The attackers created AI-generated video and audio replicas of the CFO and other executives of the global engineering firm. These deepfakes were deployed in a live video call – not as a pre-recorded video, but as a real-time conference with multiple participants. The finance employee saw and heard his superiors in what appeared to be a normal conference situation. The instructions came through clearly and consistently. Urgency was created by framing the situation as a supposed corporate acquisition. Within a single session, he approved 15 individual transfers to various accounts in Hong Kong.[1] That fraud yielded US$25 million.

[1] https://www.securitytoday.de/en/2026/04/04/deepfake-attacks-...