In January 2024, an employee at a major engineering firm in Hong Kong joined a video call with their CFO and…
Lara B. — Building Cyberr
In January 2024, an employee at a major engineering firm in Hong Kong joined a video call with their CFO and several colleagues, listened carefully, followed instructions, and wired $25.6 million to accounts they would never see again.
Every face on that call was fake, built from conference recordings and LinkedIn videos by criminals who had never set foot in the building.
The fraud was only discovered when the employee called headquarters afterward to follow up - and the real CFO had never heard of the meeting.
That was two years ago, when this technology was still considered experimental, still rough around the edges, still something most companies had never thought to defend against.
Today the tools are faster, cheaper, and available to anyone with a laptop, the faces are smoother, the voices are cleaner, and human beings can still only spot a deepfake about half the time - which is barely better than a coin flip.
So the real question isn't whether this can happen to your company.
It's whether your company is smarter than the criminals who pulled this off two years ago - and whether the gap has grown in your favor, or theirs.
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