Deepfake fraud costs engineering giant Arup £20m

An employee was tricked into participating in a video conference, featuring a digitally recreated version of the CFO

clock • 2 min read
Deepfake fraud costs engineering giant Arup £20 million
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Deepfake fraud costs engineering giant Arup £20 million

British engineering firm Arup, the company behind architectural marvels like the Sydney Opera House, has fallen victim to a sophisticated deepfake scam, losing a HK$200 million (£20 million) to fraudulent financial transfers.

Arup confirmed the incident to the Financial Times, revealing that it had notified Hong Kong police about the incident earlier this year. "We can confirm that fake voices and images were used," ...

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