Press Mention

Hong Kong Firm’s $25.6 Million Deepfake Scam Raises Alarm to Improve Fraud Control

Corporate Treasurer
February 23, 2024

Cooley associate Zhijing Yu was quoted in Corporate Treasurer on deploying deepfakes to carry out fraud, following a case in Hong Kong where a finance team employee was instructed to transfer HK$200 million to a designated account.

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