In Hong Kong

Fake video of finance director: employees move 25 million but it's a scam

Content created with artificial intelligence misleads some employees, so the multinational company was cheated

Immagini e foto certificate contro le fake news

3' min read

3' min read

Imagine for a moment that you are in front of your PC, comfortably seated at your desk in any office. Maybe on the top floors of a building cutting through the sky of a huge city like Hong Kong, with thousands of people crowding the streets like ants. It's winter, it's getting dark early, the alternating lights of the skyscrapers reveal lighted windows. It is raining. And you are already thinking about dinner.

At this point you receive an email with a rather strange subject line: something like 'secret operation'. The sender? Your CFO, who asks you in no uncertain terms to connect via video conference with him and other guests. And he gives you the link to access the meeting.

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Something does not convince you, it is not a very usual way. Meetings are usually organised differently. But after all, there is a video conference to attend. And maybe 'live' will clarify things for you. Then... click.

The connection is the same as a thousand others. There is your Chief Financial Officer, some colleague, some other guest you don't know. Within minutes, he, the Chief Financial Officer, the one you work for every day, tells you that there is an urgent transaction to close. And he asks you to move 200 million Hong Kong dollars (over 25 million US dollars) to five accounts. Five accounts that you do not know. But that, after all, is not your problem. So you execute the orders.

Then you go home, drop by the usual restaurant for a quick takeaway. You treat yourself to a Netflix movie, and maybe a glass of wine, before sinking onto the sofa.

It's all wonderfully dull, before you call your financial director at 6am to tell you that it wasn't his email the day before, it wasn't him on that video call, and there is no secret operation. You have simply been swindled by someone using artificial intelligence.

Well, this whole story is not the plot of an upcoming film. But the tale of a financial scam that really happened. A $25 million-plus scam that took place in an office in Hong Kong, where a British multinational company, which has remained anonymous, is based. And which took that money who knows where.

The Hong Kong police were notified immediately, but in the meanders of the Internet, thieves are not hunted in cars. And the investigation is still ongoing. The only great certainty is the danger of the deep fake, a technique that exploits artificial intelligence to create content (videos or photos) that transform reality. With the deep fake, in fact, anything can be created. A month or so ago, for example, the fake (sexually explicit) images of pop superstar Taylor Swift, spread on social media, made a lot of noise. And with the ever-increasing spread of artificial intelligence, the risk that the situation could escalate is becoming more and more concrete. This is also why companies such as Meta are working on tools that can detect AI-created content early enough to flag it. The solution, in a way, could perhaps be this: using AI to solve the problems created by the use of AI. A complex picture, or perhaps a necessary one. Not least because that office in a skyscraper in Hong Kong could be anywhere tomorrow.

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