AI-Powered Fraud: Impersonation of UK Executive's Boss Reveals Vulnerabilities
March 1, 2019
AI voice technology was reportedly manipulated by fraudsters to mimic the boss of a UK firm's CEO, attempting a €220,000 wire transfer over the phone. This incident underscores the need for robust AI governance and trustworthy AI practices. Ready to help shape responsible AI? JOIN US This AI incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM).
- Alleged deployer
- unknown-scammers
- Alleged developer
- unknown
- Alleged harmed parties
- unnamed-uk-based-energy-firm's-ceo
Source
Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/200
Data source
Incident data is from the AI Incident Database (AIID).
When citing the database as a whole, please use:
McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.
Pre-print on arXiv · Database snapshots & citation guide
We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.