Deepfake CFO Scam Costs Multinational Engineering Firm Arup $25 Million

# Deepfake CFO Scam Costs Multinational Engineering Firm Arup $25 Million

https://gcdradar.vercel.app/incidents/deepfake-cfo-scam-costs-multinational-engineering-firm-arup · AIR-2024-0027 · closed 2024-02-16

- Lane: Breaches & attacks
- Severity: 4 (Confirmed real-world loss)
- Fix status: No fix needed
- First reported: 2024-02-02
- AI role: AI-enabled attack

## Summary

Fraudsters used deepfake video technology to impersonate a company CFO during a video call, tricking an employee into transferring $25 million. The multinational engineering firm suffered a significant financial loss.

## What to do

No action recorded; read the sources below and the vendor's advisory.

## Latest updates

- 2024-02-02: Alleged Deepfake CFO Scam Reportedly Costs Multinational Engineering Firm Arup $25 Million (https://incidentdatabase.ai/cite/634)

## Sources

- 2024-02-02 AI Incident Database: Alleged Deepfake CFO Scam Reportedly Costs Multinational Engineering Firm Arup $25 Million https://incidentdatabase.ai/cite/634

Verify against the vendor's advisory before changing production. Data CC BY-SA 4.0, https://gcdradar.vercel.app.