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How More Than $129 Million Was Stolen Using AI Voice Technology
A report by The New York Times details how more than $129 million was stolen using artificial intelligence to mimic real bosses on phone calls.
According to a report by The New York Times, more than $129 million has been stolen using artificial intelligence to impersonate corporate bosses over the phone. The scheme highlights the growing security risks associated with advanced AI voice-generation technologies, as scammers increasingly leverage synthetic media to deceive employees and authorize fraudulent financial transactions. The incident underscores the urgent need for organizations to implement stricter verification protocols for handling sensitive business operations and financial transfers.
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