https://www.myjoyonline.com/british-company-duped-off-20m-with-an-ai-generated-video-of-its-cfo/-------https://www.myjoyonline.com/british-company-duped-off-20m-with-an-ai-generated-video-of-its-cfo/
Caption: An internet-based scammer stealing from a victim's wallet (Photo credit channelnewsasia.com)

The British engineering company Arup has confirmed it was the victim of a deepfake fraud after an employee was duped into sending HK$200m (£20m) to criminals by an artificial intelligence-generated video call.

Hong Kong police said in February that a worker at a then-unnamed company had been tricked into transferring vast sums by people on a hoax call “posing as senior officers of the company”.

Arup said in a statement that it was the company involved, confirming that at the beginning of the year it had “notified the police about an incident of fraud in Hong Kong”. It confirmed that fake voices and images were used.

It added: “Our financial stability and business operations were not affected and none of our internal systems were compromised.”

The Arup global chief information officer, Rob Greig, who oversees the company’s computer systems, said the organisation has been subject to frequent attacks including deepfakes.

“Like many other businesses around the globe, our operations are subject to regular attacks, including invoice fraud, phishing scams, WhatsApp voice spoofing and deepfakes. What we have seen is that the number and sophistication of these attacks has been rising sharply in recent months,” he said.

Greig said he hoped that Arup’s experience would “raise awareness” of the increasing sophistication of cyber-attackers. The Financial Times first reported that Arup was the company targeted by the fraudsters.

Arup, one of the world’s leading consulting engineering firms, employs more than 18,000 people and famously provided the structural engineering for the Sydney Opera House including its distinctive concrete shells. Recent project involvements include the Crossrail transport scheme in London and the Sagrada Família in Barcelona.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.