#corporate-fraud

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fromEntrepreneur
2 weeks ago

How to Protect Your Company From Deepfake Fraud | Entrepreneur

In 2024, a scammer used deepfake audio and video to impersonate Ferrari CEO Benedetto Vigna and attempted to authorize a wire transfer, reportedly tied to an acquisition. Ferrari never confirmed the amount, which rumors placed in the millions of euros. The scheme failed when an executive assistant stopped it by asking a security question only the real CEO could answer. This isn't sci-fi. Deepfakes have jumped from political misinformation to corporate fraud. Ferrari foiled this one - but other companies haven't been so lucky.
Information security
UK news
fromwww.theguardian.com
1 month ago

Six great reads: a Saudi weapons scandal, five weeks with David Lammy and the expert who became the patient

A British man's investigation into financial irregularities in Saudi Arabia reveals a decades-long scheme involving high-level government oversight.
UK news
fromBusiness Matters
1 month ago

Mike Lynch's estate hit with 700m bill as High Court rules in HP's favour over Autonomy fraud

Hewlett Packard Enterprise was awarded £730 million in damages due to fraudulent valuation of Autonomy by Mike Lynch and Sushovan Hussain.
NYC startup
fromLos Angeles Times
4 months ago

Fired federal prosecutor claims ex-Fatburger CEO's 'smears' reached White House

A former Burger chain CEO, Andrew Wiederhorn, faces serious federal charges linked to allegations of misconduct involving smears reaching the White House.
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