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ARTICLE · 02 AUGUST 2024

Ferrari Targeted By Deep Fakes

Rahman Ravelli
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Angelika Hellweger highlights a rise in AI deepfake fraud, exemplified by recent attempts to impersonate Ferrari's CEO and WPP's CEO. Companies must enhance defenses against these sophisticated schemes, as deepfake incidents are increasingly prevalent.

European UnionCriminal Law
Angelika Hellweger
Angelika Hellweger
Author LinkedIn connections

Angelika Hellweger considers the latest high-profile criminal use of AI

Ferrari is reported to be the latest company to be targeted by criminals using AI deep fakes.

A Ferrari executive was sent WhatsApp messages that claimed to be from the carmaker's Chief Executive Officer, Benedetto Vigna. The messages talked of a big acquisition that was planned and said the CEO may need the executive's help.

But the messages had not come from Vigna's usual business mobile number and the profile picture of the CEO was different.

One of the messages said, “Be ready to sign the Non-Disclosure Agreement our lawyer is set to send you asap,''. Another talked of Italy's market regulator and stock-exchange having already been informed and called for the “utmost discretion.”

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