Welcome to the debut of Scam Watch, where we unveil a chilling evolution in corporate financial crime: deepfake voice scams. Imagine a financial controller confidently approving a $90,000 payment, only to discover the voice on the line was a synthetic clone of the vendor CFO, who was actually on a flight. This alarming tactic, known as false pretenses ACH fraud, exploits human trust and bypasses traditional security measures. With fraudsters targeting compliance gaps and the average unauthorized transfer amount dropping, it’s clear that relying on simple phone calls for verification is no longer safe. Discover how to protect your organization in this critical episode!

Chapters

• (00:00:00) - Behind The Scams: Scam Watch
• (00:01:46) - How To Catch a Deepfake Scammer