Cyber-Criminals Use Voice Cloning Technology in $35 Million Bank Heist

A bank manager in the U.A.E. was conned into authorizing a $35 million transfer after receiving vocal confirmation from the account holder. Only that wasn’t who the manager thought they were…

Early last year, the manager of an undisclosed bank in the United Arab Emirates received a call from a longtime client – the director of a company with whom he had spoken before. The man was excited that his company was about to make an important acquisition, so he needed the bank to authorize a transfer of $35 million as soon as possible. The client added that a lawyer named Martin Zelner had been contracted to handle the acquisition, and the manager could see emails from the lawyer in his inbox. He had spoken to the client before, he recognized his voice, and everything he said checked out. So he proceeded to make the most expensive mistake of his career…

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