Arup Loses $25 Million in Sophisticated Deepfake Scam

British engineering firm targeted by AI-generated video call impersonating senior executives, leading to massive financial loss.

Employee in Hong Kong office transferred funds after being duped by deepfake video of CFO and other staff.
Scam involved 15 transactions to five local bank accounts over a week.
Arup confirmed financial stability and business operations were unaffected.
Investigation ongoing with no arrests made so far.
Rise in deepfake scams highlights increasing sophistication of cyber attacks.