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.

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