However, the FBI said criminals were now taking it a step further, scheduling online meetings with a victim. But instead of the executive appearing live, the crook inserts a still photo of the CEO and uses a computer-generated fake audio voice that sounds like the chief executive but is actually generated using speeches or presentations that are publicly available online.
This so-called deep-fake then gives instructions to the unsuspecting employee.
To avoid these scams, the FBI said employees should be careful of virtual meetings arranged with their boss on a platform that isn’t normally used by the organisation. Before transferring funds, confirm with another person. And use two-factor authentication to verify any requests to change account information.