Point72, Citadel among hedge funds hit by AI vishing attacks - InvestmentNews
Action Required: Review and update firm-wide cybersecurity protocols, specifically regarding identity verification procedures for voice-based communications.
Major hedge funds, including Point72 and Citadel, have been targeted by sophisticated 'vishing' (voice phishing) attacks utilizing AI-generated voice cloning. This incident highlights a growing cybersecurity threat where bad actors use AI to impersonate executives or authorized personnel to gain unauthorized access to sensitive financial information or assets.
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