Deepfake Voice Attack Causes Multi-million Dollar Loss

In a chilling demonstration of the dark side of AI, deepfaking technology was used in a $35 million bank robbery. The perpetrators manipulated their boss's voice to authorize fraudulent transactions. This incident underscores the urgent need for responsible AI governance and harm prevention measures.

Matched TAIM controls

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

MANAGE 1.4 — similarity 0.403, rank 1. TAIM detail and related incidents →
GOVERN 6.2 — similarity 0.402, rank 2. TAIM detail and related incidents →
GOVERN 2.2 — similarity 0.401, rank 3. TAIM detail and related incidents →

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/147

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.