Alleged Deepfake CFO Scam Reportedly Costs Multinational Engineering Firm Arup $25 Million

February 2, 2024

A finance employee at Arup, a multinational engineering firm, reportedly fell victim to a deepfake scam involving the alleged impersonation of the company's CFO via video call. The Hong Kong police are investigating this incident where fraudsters supposedly tricked the employee into transferring $25 million.

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Matched TAIM controls

Suggested mapping from embedding similarity (not a formal assessment). Browse all TAIM controls

MAP 3.2 — similarity 0.583, rank 1. TAIM detail and related incidents →
GOVERN 6.2 — similarity 0.564, rank 2. TAIM detail and related incidents →
GOVERN 2.2 — similarity 0.556, rank 3. TAIM detail and related incidents →

Alleged deployer: unknown-scammers
Alleged developer: unknown-deepfake-technology-developers, unknown-voice-cloning-technology-developers
Alleged harmed parties: unnamed-finance-employee, arup

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/634

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.