Fraudsters Cloned Company Director’s Voice In $35 Million Heist, Police Find

“Audio and visual deep fakes represent the fascinating development of 21st century technology yet they are also potentially incredibly dangerous posing a huge threat to data, money and businesses,” says Jake Moore, a former police officer with the Dorset Police Department in the U.K. and now a cybersecurity expert at security company ESET.

“Manipulating audio, which is easier to orchestrate than making deep fake videos, is only going to increase in volume and without the education and awareness of this new type of attack vector, along with better authentication methods, more businesses are likely to fall victim to very convincing conversations.”, voice cloning is now widely available.

If recordings of you speaking are available online, whether on social media, YouTube or on an employer’s website, there may well be a secret battle going on for control of your voice without you knowing.After publication, the U.A.E. Ministry of Foreign Affairs & International Cooperation contactedto note that the affected company was an unnamed Japanese business, though the Dubai investigators were leading the probe. The article was updated on 2 May 2023 to reflect that.

In a statement, HE Hamid Al Zaabi, director general of the U.A.E. Executive Office of Anti-Money Laundering and Counter Terrorism Financing, added: “Even with incidents happening outside the U.A.E., we will work closely with law enforcement partners around the world to identify and detect those individuals who knowingly engage in deceptive practices such as imposter fraud. The U.A.E.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Community Cares: Phoenix catering company helps prevent food wasteAtlasta Catering in Phoenix is on its way to producing zero waste, and it's worked for years to reduce, reuse and recycle. FOX 10's Anita Roman has more on the company's efforts to be environmentally friendly.
Source: FOX10Phoenix - 🏆 83. / 68 Read more »

Koresh Dance Company's 'Masquerade' is Coming to the Suzanne Roberts Theatre, May 4-7Koresh Dance Company is bringing a new show to the stage for its home season performance with a unique collaboration that combines live opera and dance in an exploration of human nature..
Source: 6abc - 🏆 250. / 63 Read more »

AEW star Britt Baker defends T-shirt after company is accused of supporting domestic violenceBritt Baker came to the defense of AEW on Saturday after one fan tweeted that selling a T-shirt with her black eye was somehow akin to the company supporting domestic violence.
Source: FoxNews - 🏆 9. / 87 Read more »

Investors sue Adidas over partnership with Ye, say company aware of rapper's behaviorAdidas ended its partnership with Ye in October following the designer's antisemitic remarks on social media and in interviews.
Source: USATODAY - 🏆 100. / 63 Read more »