AI mimics CEO voice to scam UK energy firm out of £200k
Criminals have impersonated a chief executive’s voice using artificial intelligence-based software to deceive an unnamed UK-based CEO into making a fraudulent transfer of £200,000 according to a report in the WSJ.
WSJ’s Catherine Stupp reported that: "The CEO of a UK-based energy firm thought he was speaking on the phone with his boss, the chief executive of the firm’s German parent company, who asked him to send the funds to a Hungarian supplier. The caller said the request was urgent, directing the executive to pay within an hour, according to the company’s insurance firm, Euler Hermes Group SA. Euler Hermes declined to name the victim companies." Rüdiger Kirsch, a fraud expert at Euler Hermes, a subsidiary of Munich-based financial services company Allianz SE was reported as saying that the UK CEO recognised his boss’ slight German accent and the melody of his voice on the phone. The CEO made the requested transfer to a Hungarian supplier and was contacted again with assurances that the transfer was being reimbursed immediately.
In an email to SC Media UK, Jake Moore, a cyber-security specialist at ESET commented: "I predict that we will see a huge rise in machine-learned cyber-crimes in the near future. We have already seen DeepFakes imitate celebrities and public figures in video format, but these have taken around 17 hours of footage to create convincingly. Being able to fake voices takes fewer recordings to produce. As computing power increases, we are starting to see these become even easier to create, which paints a scary picture ahead.
"To reduce risks it is imperative not only to make people aware that such imitations are possible now but also to include verification techniques before any money is transferred. Two-factor authentication is another powerful, inexpensive and simple technique that adds an extra layer of security to protect your money going into a rogue account. When being called about a money transfer, particularly of large sums, check the number calling and ask to call back. Do so using a number in your address book, rather than hitting the "call back" option in your call history."
Stu Sjouwerman, CEO at KnowBE4 commented in his blog "This is essentially the next step up in the escalation of using social engineering in a case of CEO Fraud. You need to step your employees through new-school security awareness training to prevent human errors like this."
Relevant to both this story and news reports about Chinese deepfake app Zao, Matt Aldridge, senior solutions architect at Webroot emailed SC Media UK to add:"Deepfake-style technology – where completely believable video and/or audio of a person can be generated or swapped out from other media – is extremely dangerous. It is already being used in highly effective, targeted spearphishing campaigns and this will only continue as the technology allows the stakes to get higher. The scope for disinformation at a nation-state level is also dramatically concerning. Fake news will become infinitely more difficult to differentiate from real stories and real videos. It is a magic bullet for any authoritarian state, organisation or terrorist group that wishes to recruit members or sway opinions to achieve its own goals.
"A future of widespread distrust is coming. We may think that we’re having a video call with a close colleague or a loved one, but the other party is actually an imposter. We need to start preparing for this now and understand how we can ensure that our communications are all real and secure."
Industry: Cyber Security & Artificial Intelligence
- Head of CSOC (Cyber Security Operations Centre), London. Greenfield opportunity
CH7928 Identifier Project Head of CSOC (Cyber Security Operations Centre), London. Greenfield UNIQUE opportunity to establish, manage and grow a world class CSOC. Headquartered in the UK, the CSOC will grow and deliver cyber services into an international and underdeveloped market. As a greenfield site the Head of CSOC will be the first person on the ground to build a capability and team around them. The role will include, but not be limited to; Setting up and establishing a CSOC monitoring service using IBM QRadar and Palo Alto CORTEX XSOAR. Develop roadmap for future CSOC capabilities. Establish, develop processes, playbooks and use cases. Recruit, Build and train a specialist team. Build relationships with key clients- onboard and scale. The successful candidate must have experience working within / leading a technical Cyber Security monitoring capability. Technical experience working with IBM QRadar and Palo Alto CORTEX XSOAR will be highly beneficial, although other SIEM / Security Orchestration, Automation and Response tools are welcome as the skillset is transferable. This brings significant opportunity and welcomes creativity / best practice. Frequent travel to London office will be required. Chris.firstname.lastname@example.org 07884666351
- Aruba Data Centre Network Engineer
- Upto £500 a day
**Outside of IR35 contract** Aruba Data Centre Network engineer is required to start ASAP. You will be responsible for Data Center and Campus Network - Design and implementation of Aruba CX Switches, We are looking for an experienced data centre engineer who is happy to work remotely and autonomously Experience you will need to have, Solid Networking experience with good knowledge of -Routing & Switching - MP-BGP EVPN VXLAN, MPLS/VPLS, EIGRP, BGP, OSPF and Multicast, Experience with Aruba switches ideally the CX range Ideally SC cleared or able to become SC Cleared. This will be a 3 month rolling contract
- Network Engineer-
- 65000 plus bonus
An exciting opportunity has arisen with a global financal business that are looking for an experienced Network engineer with strong Firewall experience in particular Checkpoint You will be responsible for help to support and manage the network infrastructure both LAN/ WAN And VPNs and will have a focus on network secuirty (Checkpoint firewall and Security controls) This is a multi-Site environment with few thousand end users, As the business is growing so is the network so great opportunity to join an expanding business that will help cross-train you in both cloud and onsite solutions. They are looking for a strong network engineer with a mix of expereience o Experience with Azure networking managing VNETs, ExpressRoute, VPNs and other Azure network features such as NSG/MS loadbalancer is required. Working with Check Point firewalls in Azure is desirable. o In-Depth understanding of networking fundamentals including: Network topology, Data Centre Infrastructure systems, Layer 2/Layer 3 Switching, VLANs, Routing, VPNs, High availability protocols. o Demonstrable hands-on experience with Meraki Switches and wireless infrastructure, Arista software, Forcepoint Proxy (would be a strongly desirable), Citrix Netscaler, and Forescout CounterACT Location can be flexible, they are looking for someone who would be happy to do a hybrid working model 3 days at home 2 days in the office.
- Technical Cyber Trainer, United Kingdom
Technical Cyber Trainer, United Kingdom Cyber trainer needed to build a new cyber training capability to develop a team of international security analysts. Technical Cyber training experience is a MUST. Any experience delivering technical Blue team based training is highly desired. This is a UK based role. Able to travel to London on occasion- when required. Agile, flexible working. A technical background is highly desirable and prefered. The role Aid in the setup, fine tuning and on-going customisation of Technical Cyber Security’s training platform. CyberBit experience desirable. Design, develop and deliver the internal syllabus to train employees with low cybersecurity knowledge to become analysts. Manage, monitor, support and assess learners. Fine tuning training and bespoke development. Manage, monitor and assess SOC analysts. Support employees through their career. The ability to deliver remote training is essential. This is a UK based role. Able to travel to London on occasion- when required. Agile working. Apply today to find out more information. Chris.Holt@dclsearch.com +447884666351