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Intesa Sanpaolo
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- 1AI fraudsters steal €95mn from Intesa Sanpaolo private bank▼AI fraudsters steal €95mn from Intesa Sanpaolo private bank; Swiss finance minister casts doubt on UBS leaving country
Fraudsters using artificial intelligence have stolen €95 million from the private banking arm of Italy's Intesa Sanpaolo, in one of the largest reported AI-enabled thefts from a European bank. The story is circulating alongside separate Swiss news, with Switzerland's finance minister casting doubt on suggestions that UBS could leave the country, keeping both items in financial headlines.
- 2AI deepfake voice scam costs Fideuram 95 million euros●95 milioni di euro con un vocale WhatsApp: dentro il deepfake che ha colpito Fideuram Un messaggio WhatsApp e una telefo
A WhatsApp message and a phone call using an AI-cloned voice were enough to steal 95 million euros from accounts at Fideuram, the wealth management arm of Intesa Sanpaolo. The fraud is described as a new form of business email compromise, boosted by deepfake technology, and is raising concern about how easily executive voices can be faked to authorise large transfers.