security

One Question Stopped a Deepfake Scam Attempt At Ferrari – Slashdot

Posted by BeauHD from the close-call dept.

“Deepfake scams are becoming more prolific and their quality will only improve over time,” writes longtime Slashdot reader smooth wombat. “However, one question can stop them dead in their tracks. Such was the case with Ferrari earlier this month when a suspicious executive saved the company from being the latest victim.” From a report: It all began with a series of WhatsApp messages from someone posing as Ferrari’s CEO [Benedetto Vigna]. The messages, seeking urgent help with a supposed classified acquisition, came from a different number but featured a profile picture of Vigna standing in front of the Ferrari emblem. As reported by Bloomberg, one of the messages read: “Hey, did you hear about the big acquisition we’re planning? I could need your help.” The scammer continued, “Be ready to sign the Non-Disclosure Agreement our lawyer will send you ASAP.” The message concluded with a sense of urgency: “Italy’s market regulator and Milan stock exchange have already been informed. Maintain utmost discretion.”

Following the text messages, the executive received a phone call featuring a convincing impersonation of Vigna’s voice, complete with the CEO’s signature southern Italian accent. The caller claimed to be using a different number due to the sensitive nature of the matter and then requested the executive execute an “unspecified currency hedge transaction.” The oddball money request, coupled with some “slight mechanical intonations” during the call, raised red flags for the Ferrari executive. He retorted, “Sorry, Benedetto, but I need to verify your identity,” and quizzed the CEO on a book he had recommended days earlier. Unsurprisingly, the impersonator flubbed the answer and ended the call in a hurry.

The sooner you make your first 5000 mistakes, the sooner you will be able to correct them. — Nicolaides

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