An employee of a multinational firm in Hong Kong was defrauded of $25.6 million (HK$200 million) in an elaborate deepfake scam, the South China Morning Post reported. Scammers posed as the firm ...

Hong Kong police have arrested 31 people over the alleged use of deepfake technologies to stage online romance and investment scams targeting victims in Taiwan, Malaysia, and Singapore, with losses ...

Enquiries about suspected data fraud increased by more than 40 per cent last year, the city's privacy watchdog has said.

Hong Kong police have revealed. The chat-up strategies were among those recorded in notebooks seized by the force last week when officers arrested 31 people connected to a syndicate that used ...

China banker says Trump's Bitcoin plan contradicts his US dollar dreams as Hong Kong busts tech savvy pig butchers. Asia Express ...

The financial services industry is a prime target for vishing and deepfake scams due to its heavy reliance on verbal ...

Five extraordinary people who made a mark in 2024 January: Multinational loses HK$200 million to deepfake video scam Hong Kong’s first deepfake scam occurred in January when scammers tricked an ...

Optiv AI expert Randy Lariar pointed to the reported case earlier this year of a video deepfake that led a Hong Kong company to approve a $25 million funds transfer to a scammer. Without question ...

The author writes "Simply put, deepfakes are synthetic media, including videos, images, or audios, which have been ...

Hong Kong, A deepfake video conference call where a digitally recreated avatar of the chief financial officer (CFO) ordered money transfers has cost a multinational company $25.6 million in a ...

New York Attorney General Letitia James warned about investment scams using deepfake videos of celebrities like Warren Buffett and Elon Musk to lure investors. Similarly, a Hong Kong finance ...