His Boss Called. It Wasn’t His Boss. €220K Gone.

Executive on a phone call while an AI-generated voice waveform plays behind

Estimated Exposure: €220,000

What happened: The employee received a phone call from the CEO. Sounded exactly like him. Tone, pacing, everything. Requested an urgent €220,000 wire transfer. The employee authorised it immediately. It was AI-generated audio cloned from publicly available recordings. Your voice is on your voicemail. On your website. On every Zoom you’ve ever been on. “Hey mate, transfer $15K to the supplier, I’m driving, sort the paperwork later.” That’s all it takes. And it sounds exactly like you.

Source: Wall Street Journal / Trend Micro, 2019

A reported voice impersonation fraud led an employee to authorise a €220,000 transfer.

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