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Intesa Sanpaolo

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    WhatsApp voice deepfake drains 95 million euros from Fideuram●95 milioni di euro con un vocale WhatsApp: dentro il deepfake che ha colpito Fideuram Un messaggio WhatsApp e una telefoMmastodonBusinessBanking424 min ago

    Fraudsters reportedly stole 95 million euros from Fideuram, the wealth management arm of Italy's Intesa Sanpaolo, using a WhatsApp voice message and a phone call with an AI-cloned voice. The scam is described as a new form of business email compromise powered by deepfake technology, and it is fuelling discussion about how easily cloned voices can deceive even major financial institutions.

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    AI 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✉newsBusinessFinance22 h ago

    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.