The Rise of Deepfake Scams: A $25 Million Lesson from Arup
August 1, 2024
In a shocking turn of events, a British design and engineering company, Arup, fell victim to a deepfake scam. The scam of this multinational company, known for its work on iconic structures, started innocently. However, it led to one of Arup's Hong Kong employees transferring $25 million to fraudsters. Let's take a closer look at this incident and the lessons we can learn from it.