An international company, whose name has not been established, lost 26 million dollars due to fraudsters who used AI-generated video.

This was reported by Bloomberg, citing the South China Morning Post.

It is noted that the fraudsters fabricated an image of the company's financial director and other participants in the call, using publicly available video recordings, and convinced the victim to make a total of 15 transfers to five Hong Kong bank accounts.

The firm's finance department received a phishing message allegedly from its British financial director in mid-January. The police have not identified either the company or its employees.