Point72, Citadel among hedge funds hit by AI vishing attacks
Action Required: Review and update firm cybersecurity protocols to include AI-specific verification procedures for voice and video communications.
Major hedge funds, including Point72 and Citadel, have been targeted by sophisticated 'vishing' (voice phishing) attacks utilizing AI-generated voice cloning technology. This highlights an escalating cybersecurity threat where bad actors use AI to impersonate executives or authorized personnel to gain unauthorized access to sensitive financial data or systems.
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