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Quantum Artificial Intelligence Lab

Quantum Artificial Intelligence Lab has been named in 1 documented digital harm incident. The most common harm domain is Fraud & Financial.

1
Incidents
0
Fatalities
0
Minors involved
$25.0M
Financial harm

Documented Incidents

1
May 17, 2024·Hong Kong

Arup finance employee loses $25M to deepfake CFO video fraud in 2024

In early 2024, scammers employed AI‑generated deepfake video and audio to impersonate the chief financial officer of British engineering firm Arup. The fraudsters convinced an employee to transfer roughly HK$200 million (about US$25 million) to five Hong Kong bank accounts. Hong Kong police identified the scheme after the employee reported the transfers, and Arup notified authorities. Experts warned that generative AI is lowering the barrier for sophisticated financial fraud and urged CFOs to adopt stricter verification controls.

Fraud & FinancialDeepfake Fraud

Linked Legislation

2
AI Fraud Deterrence Act (HR 6306)
United States
HB 2411 — Consumer Counsel, Division Of; Expands Duties, Artificial Intelligence Fraud And Abuse
Virginia

By Harm Domain

Fraud & Financial1