Cybercrime experts have raised alarm over the growing misuse of AI-driven deepfake technology by fraudsters to impersonate company executives and trick employees into authorising payments or sharing sensitive data. Finance, HR and procurement teams are increasingly being targeted in ‘Boss Scam’ cases.
The Telangana Cyber Security Bureau has warned citizens about the rising "Boss Scam" or CEO impersonation fraud, in which cybercriminals use malicious files to gain access to devices and impersonate senior officials to trick victims into making financial transfers.
