Fraudsters used deepfake technology to trick an employee at a Hong Kong-based multinational company to transfer $25.57 million to their bank accounts. Hong Kong Police said Sunday that the fraudsters had created deepfake likenesses of top company executives in a video conference to fool the worker.
South Korea's intelligence agency has reported that North Korean hackers are using generative AI to conduct cyberattacks and search for hacking targets. Experts believe North Korea's AI capabilities are robust enough for more precise attacks on South Korea.
The Australian government plans to adopt a risk-based approach to AI governance modeled after the European Union's Artificial Intelligence Act, which requires strict regulation on any uses of AI systems that could pose risks to national security, violate individual privacy or cause harm to society.
The Indian government directed social media companies to clamp down on deepfakes and misinformation shortly after a deepfake video of a leading actress sparked public criticism. Social media firms must act within 36 hours of a complaint and potentially face prosecution.
Singapore's Personal Data Protection Commission has released proposed guidelines for the use and processing of personal data for the development of and research into AI systems. The privacy agency said that in some cases organizations may not require prior consent.