Deepfake Targets Romanian Central Bank Chief to Pitch Investment Scam

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The information displayed in the AIM should not be reported as representing the official views of the OECD or of its member countries.

Scammers used an AI-generated deepfake video of Romania’s central bank governor Mugur Isărescu to pitch fraudulent investments, misleading citizens and undermining trust. The National Bank of Romania warned people that neither Isărescu nor the bank endorse any investment recommendations.[AI generated]

Why's our monitor labelling this an incident or hazard?

The deepfake video uses AI-generated synthetic media (image and voice) of the central bank governor to deceive viewers into investing in fraudulent platforms, directly causing harm through financial scams and misinformation. This meets the criteria of an AI Incident as the AI system's use has directly led to harm to individuals and communities by enabling fraud and disinformation. The involvement of AI in generating the deepfake is explicit, and the harm is realized, not just potential.[AI generated]
AI principles
AccountabilityTransparency & explainabilityDemocracy & human autonomyRobustness & digital security

Industries
Financial and insurance servicesGovernment, security, and defence

Affected stakeholders
ConsumersGovernmentGeneral public

Harm types
Economic/PropertyReputationalPublic interest

Severity
AI incident

AI system task:
Content generation


Articles about this incident or hazard

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World's Longest Serving Central Bank Chief Targeted by Deepfake

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Why's our monitor labelling this an incident or hazard?
The deepfake video uses AI-generated synthetic media (image and voice) of the central bank governor to deceive viewers into investing in fraudulent platforms, directly causing harm through financial scams and misinformation. This meets the criteria of an AI Incident as the AI system's use has directly led to harm to individuals and communities by enabling fraud and disinformation. The involvement of AI in generating the deepfake is explicit, and the harm is realized, not just potential.
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World's Longest Serving Central Bank Chief Targeted by Deepfake - BNN Bloomberg

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BNN
Why's our monitor labelling this an incident or hazard?
The article explicitly describes deepfake videos created using AI to impersonate trusted officials, which are actively used to promote fraudulent investments. This constitutes direct harm to individuals (financial harm) and communities (undermining trust in institutions). The AI system's role is pivotal in generating convincing fake content that enables the scam. Therefore, this qualifies as an AI Incident under the framework, as the AI system's use has directly led to harm.
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BNR avertizează asupra unei campanii deepfake care se foloseşte de imaginea şi vocea..

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AGERPRES
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI systems used to generate deepfake content (image and voice) of the governor of the National Bank of Romania. The deepfake videos are used to deceive people into making investments on a non-existent platform, which constitutes a direct harm to individuals (financial harm) and harm to communities through misinformation and fraud. Therefore, this qualifies as an AI Incident because the AI system's use has directly led to harm through fraudulent activity and deception.
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Mugur Isărescu, în centrul unui deepfake de proporții. Avertismentul guvernatorului: BNR nu face propuneri de investiții

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Stirile ProTV
Why's our monitor labelling this an incident or hazard?
The event involves an AI system explicitly (deepfake technology) used to create fraudulent videos that mislead people into investing money in a non-existent platform, which constitutes direct harm to individuals (financial harm) and communities (trust erosion). The misuse of AI-generated content here has directly led to an AI Incident as defined by the framework, specifically harm to people through fraud and deception. Therefore, this qualifies as an AI Incident rather than a hazard or complementary information.
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Alertă BNR: Deepfake-uri cu Mugur Isărescu pe rețelele sociale

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Digi24
Why's our monitor labelling this an incident or hazard?
Deepfake technology is explicitly mentioned as being used to create falsified videos and audio of the governor of the National Bank of Romania. These AI-generated deepfakes are used to convince the public to invest in a non-existent platform, which is a form of fraud causing harm to people. Since the AI system's outputs have directly led to this harm, this qualifies as an AI Incident under the framework, specifically harm to communities and individuals through deception and financial fraud.
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Imaginea și vocea guvernatorului BNR, folosite într-o escrocherie financiară tip deepfake. Reacția Băncii Centrale

2024-02-05
Libertatea
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI systems used to create deepfake videos (AI-generated synthetic media) that are being used maliciously to deceive the public and cause financial harm. The harm is realized as people are being targeted with fraudulent investment solicitations, which is a direct harm to individuals' property and financial well-being. Therefore, this qualifies as an AI Incident because the AI system's use has directly led to harm through a financial scam. The involvement of AI is clear (deepfake technology), the harm is direct (financial fraud), and the event describes ongoing harm rather than a potential risk or a response to past events.
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Imaginea și vocea guvernatorului BNR, folosite într-o escrocherie financiară tip deepfake. Reacția BNR

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Libertatea
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI systems used to create deepfake videos and synthetic voices of public officials to perpetrate financial scams. The harm is realized as these scams deceive the public into potentially losing money, fulfilling the criteria for an AI Incident due to direct harm caused by AI-generated content. The involvement of AI in generating realistic fake videos and voices is central to the incident, and the harm is concrete and ongoing as the scam circulates online.
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Imaginea site-ului Libertatea, folosită în deep fake-ul cu guvernatorul BNR Mugur Isărescu. Banca centrală avertizează împotriva fraudelor

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Libertatea
Why's our monitor labelling this an incident or hazard?
The event involves AI systems explicitly through the creation of deepfake videos using artificial intelligence. The deepfakes have been used to deceive people into making investments on non-existent platforms, which is a direct harm to individuals' financial well-being and a violation of trust in public information. The article confirms that these deepfakes are actively circulating and causing harm, not just posing a potential risk. Hence, it meets the criteria for an AI Incident as the AI system's use has directly led to harm.
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Legea Deepfake intră la vot săptămâna viitoare. Ce pedepse riscă cei care creează clipuri cu AI și cei care le distribuie pe net

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Libertatea
Why's our monitor labelling this an incident or hazard?
The article explicitly involves AI systems used to create deepfake videos and images that have been distributed online, causing harm through misinformation and financial scams. The harm includes violations of rights (deception, fraud), harm to communities (misinformation, scams), and potential financial harm to individuals. The legislative response aims to address these harms. Since the AI-generated deepfakes have already been used to cause harm, this qualifies as an AI Incident rather than a hazard or complementary information.
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BNR atrage atenţia asupra unei tentative de fraudă financiară tip deepfake care foloseşte imaginea guvernatorului Mugur Isărescu. "Banca Naţională nu face recomandări şi propuneri de investiţii"

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ZF.ro
Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent content that misleads people into making financial investments on a fake platform. This misuse of AI has directly led to harm by enabling financial fraud and deception, which harms individuals and communities. Therefore, it qualifies as an AI Incident due to realized harm caused by the malicious use of an AI system.
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Tentativă de fraudă financiară tip deepfake care foloseşte imaginea guvernatorului BNR

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Mediafax.ro
Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent audio-visual content impersonating a public figure, which has directly led to an attempt to cause financial harm to people. This fits the definition of an AI Incident because the AI system's use has directly led to harm (fraud and potential financial loss).
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Mugur Isărescu, cea mai recentă personalitate folosită pentru tentative de fraudă financiară tip deepfake. Ghid de depistare a capcanelor

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Gândul
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI systems in the form of deepfake technology used to create fraudulent videos impersonating public figures to deceive and defraud people financially. The harm is direct and realized, as victims are targeted for financial scams, fulfilling the criteria for injury or harm to persons (a) and potentially violations of rights (c). The use of AI-generated deepfakes for fraud is a clear AI Incident because the AI system's outputs directly lead to harm. The article also discusses the nature of the AI system's misuse and the resulting harm, not just potential or hypothetical risks, so it is not merely a hazard or complementary information.
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Mugur Isărescu, ținta atacurilor de tip deepfake. Avertismentul BNR

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DCnews
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems to create deepfake content (image and voice) impersonating a public figure to perpetrate financial scams. This use of AI has directly led to harm by misleading people into potentially losing money on fraudulent investments. Therefore, it meets the criteria of an AI Incident due to realized harm caused by the AI system's outputs (deepfake content) used maliciously.
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Atenționare BNR: tentativă de fraudă financiară cu imaginea guvernatorului Mugur Isărescu, pe rețelele sociale

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Alba24
Why's our monitor labelling this an incident or hazard?
The use of deepfake AI to impersonate a public figure for fraudulent financial schemes directly leads to harm by deceiving people into making investments on fake platforms. The AI system's outputs (deepfake videos) are central to the fraud and resulting harm. Therefore, this qualifies as an AI Incident due to realized harm caused by the malicious use of AI-generated content.
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Tentativă de fraudă financiară tip deepfake care folosește imaginea guvernatorului BNR

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Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems to create deepfake audio and video content, which directly leads to harm by deceiving people into financial fraud. The use of AI-generated deepfakes to commit fraud fits the definition of an AI Incident because the AI system's use has directly led to harm to persons through financial deception.
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Înșelătorie cu fața lui Mugur Isărescu. Oamenii sunt îndemnați să facă investiții financiare | Newsweek Romania

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Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent content that directly leads to harm by attempting to scam people into making financial investments on a fake platform. This constitutes a violation of rights and causes harm to individuals (financial harm), fitting the definition of an AI Incident. The harm is realized or actively occurring as the videos are circulating and people are being targeted.
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Înșelătorie deepfake care folosește imaginea lui Mugur Isărescu. Atenționarea transmisă de BNR - Observatorul Prahovean

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Why's our monitor labelling this an incident or hazard?
The event involves an AI system generating deepfake videos and audio impersonating the governor of the National Bank of Romania. This AI-generated content is used maliciously to induce people to invest money in a non-existent platform, constituting financial fraud. This directly leads to harm to people (financial injury) and harm to communities through deception. Therefore, it qualifies as an AI Incident because the AI system's use has directly led to harm.
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BNR avertizează cu privire la apariția unor videoclipuri deepfake care îl implică pe guvernatorul Mugur Isărescu - Forbes.ro

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Forbes.ro
Why's our monitor labelling this an incident or hazard?
The event involves AI systems explicitly through the use of deepfake technology, which is an AI system generating realistic fake videos. The misuse of these AI-generated deepfakes has directly caused harm by deceiving people into fraudulent financial investments, which is a clear harm to individuals' financial well-being and trust. Therefore, this qualifies as an AI Incident because the AI system's use has directly led to realized harm through misinformation and fraud.
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Postări "deepfake" cu Mugur Isărescu

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Why's our monitor labelling this an incident or hazard?
The event involves AI systems generating deepfake content (image and voice) of a public figure to deceive the public into making fraudulent investments. This misuse of AI has directly led to harm by misleading people and potentially causing financial loss, which is harm to individuals and communities. Therefore, this qualifies as an AI Incident due to realized harm caused by AI-generated misinformation and fraud.
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Tentativă de fraudă financiară tip deepfake la BNR. A fost folosită imaginea lui Mugur Isărescu: "Reiterăm faptul că Banca Națională a României nu face recomandări și propuneri de investiții"

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Europa FM
Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent content that directly leads to harm by attempting to defraud individuals financially. The misuse of AI-generated deepfake content to perpetrate fraud fits the definition of an AI Incident, as it has directly led to harm or attempted harm to people and communities. Therefore, this event qualifies as an AI Incident.
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Video-uri deepfake cu guvernatorul BNR Mugur Isărescu circulă pe internet: "Tentativa de fraudă financiară!"

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Monitorul de Cluj
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems to create deepfake videos that impersonate a public figure to deceive people into investing in a non-existent platform. This misuse of AI has directly led to a financial fraud attempt, which constitutes harm to individuals (financial harm) and communities. Therefore, it qualifies as an AI Incident due to the realized harm caused by the AI-generated deepfake content.
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BNR anunţă tentativă de fraudă financiară - MyTex.ro

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Portal MyTex - știri Brașov
Why's our monitor labelling this an incident or hazard?
The event involves AI systems explicitly through the use of deepfake technology, which is defined as AI-generated falsified audio and video content. The misuse of this AI system has directly led to harm by attempting to defraud people financially, which falls under harm to persons or groups. Therefore, this qualifies as an AI Incident because the AI system's use has directly caused harm through fraudulent activity.
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Pe Internet circulă un deepfake cu imaginea guvernatorului BNR Mugur Isărescu

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money.ro
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems to create deepfake videos that impersonate a public figure to deceive people into financial scams. This use of AI directly leads to harm to individuals through financial fraud, which qualifies as harm to people. Therefore, this is an AI Incident because the AI system's use has directly led to realized harm through fraudulent investment schemes.
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Tentativă de fraudă financiară tip deepfake care folosește imaginea guvernatorului BNR -

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Graiul Salajului - Ziar de opinie, informatie si publicitate din Zalau, judetul Salaj
Why's our monitor labelling this an incident or hazard?
The event involves AI systems explicitly through the use of deepfake technology, which is defined as AI-generated falsified image and audio content. The misuse of this AI system has directly led to an attempt at financial fraud, which is a clear harm to people and communities. Therefore, this qualifies as an AI Incident due to the realized harm caused by the malicious use of AI-generated deepfake content.
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Avertizare din partea BNR privind postări de tip deep-fake

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rador.ro
Why's our monitor labelling this an incident or hazard?
Deep-fake videos are generated by AI systems that synthesize realistic images and voices. The fraudulent use of such AI-generated content to mislead people into financial scams constitutes harm to individuals and communities. Since the harm is occurring (people are being deceived and potentially financially harmed), this qualifies as an AI Incident under the definition of harm to communities and persons caused by AI misuse.
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Tentativă de fraudă financiară tip deepfake care folosește imaginea guvernatorului BNR | Transilvania Business

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Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI-generated deepfake content (image and voice) used maliciously to deceive people into financial fraud. The harm is realized as the fraud attempts to cause financial loss and damage trust. The AI system's use is central to the incident, fulfilling the criteria for an AI Incident due to direct harm caused by the AI-enabled deepfake fraud.
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Tentativă de fraudă financiară tip deepfake care folosește imaginea guvernatorului BNR

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editie.ro
Why's our monitor labelling this an incident or hazard?
The event involves an AI system (deepfake technology) used maliciously to create fraudulent content that directly causes harm to people by inducing them to make financial investments based on false information. This constitutes an AI Incident because the AI-generated deepfake has directly led to harm (financial fraud) and violates trust and potentially legal rights. The harm is realized, not just potential, as people are being targeted and misled.
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Tentativă de fraudă financiară tip deepfake la BNR. A fost folosită imaginea lui Mugur Isărescu: "Reiterăm faptul că Banca Națională a României nu face recomandări și propuneri de investiții"

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Atitudinea | Stiri OnLine
Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent content impersonating a public figure, which is a misuse of AI. This misuse could plausibly lead to financial harm or other significant harms if people are deceived into making poor investment decisions or falling victim to scams. Since the article reports a fraud attempt using AI-generated deepfake content, it fits the definition of an AI Incident due to the direct involvement of AI misuse causing or attempting to cause harm.
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BNR reacționează după mesajele deepfake cu Mugur Isărescu - tvrinfo.ro

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tvrinfo.ro
Why's our monitor labelling this an incident or hazard?
The event involves AI systems explicitly through the use of deepfake technology, which is a form of AI-generated synthetic media. The deepfakes have been used maliciously to impersonate trusted figures and induce victims to make fraudulent investments, causing direct financial harm. This meets the criteria for an AI Incident because the AI system's use has directly led to harm (financial fraud and economic damage). The article also highlights the broader societal risks and responses, but the primary focus is on the realized harm caused by AI-generated deepfakes.
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BNR: Au apărut postări deepfake cu guvernatorul BNR, Mugur Isărescu, pe rețelele sociale! Raportați imediat

2024-02-06
Stiri Bistrita - Ziare Bistrita - Gazeta de Bistrita -Stiri online
Why's our monitor labelling this an incident or hazard?
The use of AI to create deepfake videos that impersonate a public figure to promote fraudulent financial schemes directly leads to harm by misleading and potentially causing financial loss to individuals. The AI system's outputs (deepfake videos) are central to the incident, fulfilling the criteria of an AI Incident due to realized harm (fraud and deception) caused by AI-generated content.
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BNR: Au apărut postări deepfake cu guvernatorul BNR, Mugur Isărescu, pe rețelele sociale! Raportați imediat

2024-02-06
Mesagerul.ro
Why's our monitor labelling this an incident or hazard?
Deepfake videos are generated using AI systems that manipulate image and audio to create realistic but false content. The use of such AI-generated deepfakes to deceive people into fraudulent financial investments constitutes a direct harm to individuals (harm to persons) and communities (harm to communities). Therefore, this event qualifies as an AI Incident because the AI system's use has directly led to harm through misinformation and fraud.
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Meta va identifica pe reţelele sale de socializare orice imagine generată de inteligenţa artificială - Financial Intelligence

2024-02-06
Financial Intelligence
Why's our monitor labelling this an incident or hazard?
The article discusses Meta's upcoming feature to label AI-generated images, which is a response to existing AI-related harms such as deepfake financial frauds. While the deepfake frauds themselves constitute AI Incidents, this article focuses on Meta's mitigation measure, a governance response to these harms. There is no new AI Incident or Hazard described here; rather, it is complementary information enhancing understanding of ongoing efforts to manage AI risks.
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BNR avertizează asupra unei campanii de fraudă financiară deepfake care folosește imaginea guvernatorului României - B1TV.ro

2024-02-05
B1TV.ro
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI systems (deepfake technology) to create fraudulent videos that have directly led to financial fraud attempts, harming individuals who might be deceived into investing money based on false information. The harm is realized or ongoing, as the videos are actively circulating and causing deception. The involvement of AI in generating the deepfake content is explicit, and the harm falls under harm to people and communities. Hence, this is an AI Incident.
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BNR anunţă tentativă de fraudă financiară tip deepfake cu imaginea guvernatorului Isărescu, după ce au apărut videoclipuri ce folosesc fraudulos imaginea şi vocea sa pentru a convinge publicul să facă investiţii financiare pe o platformă inexistentă

2024-02-05
News.ro
Why's our monitor labelling this an incident or hazard?
The event explicitly involves AI-generated deepfake content, which is an AI system by definition. The fraudulent use of the governor's image and voice to convince people to invest money in a fake platform constitutes direct harm to individuals (financial loss) and communities (fraud). The harm is realized, not just potential, as the scam is actively occurring. Hence, this qualifies as an AI Incident under the framework because the AI system's use has directly led to harm.
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O nouă înşelătorie deepfake, care folosește imaginea lui Mugur Isărescu

2024-02-05
Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro
Why's our monitor labelling this an incident or hazard?
The event involves AI systems generating deepfake content (image and voice) of Mugur Isărescu, which is used maliciously to mislead the public into fraudulent financial investments. This misuse of AI has directly caused harm by enabling scams and deception, fulfilling the criteria for an AI Incident due to realized harm to individuals and communities through misinformation and fraud.
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- Biziday

2024-02-05
Biziday
Why's our monitor labelling this an incident or hazard?
Deepfake videos are generated using AI systems that synthesize realistic images and voices. The fraudulent use of the governor's image and voice to mislead people into investing in a fake platform directly causes harm to individuals (financial harm) and communities (through misinformation). Since the harm is occurring or has occurred due to the AI-generated content, this qualifies as an AI Incident under the framework.
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Imaginea și vocea guvernatorului Mugur Isărescu, folosite pentru tentative de fraudă financiară tip deepfake. BNR: "Reiterăm faptul că Banca Națională a României nu face recomandări și propuneri de investiții"

2024-02-05
Economedia.ro
Why's our monitor labelling this an incident or hazard?
The use of deepfake technology, which is an AI system generating falsified audio and video content, directly leads to harm by enabling financial fraud attempts. The harm is realized or highly plausible as people may be deceived into making investments based on these fake videos. Therefore, this qualifies as an AI Incident because the AI system's use has directly or indirectly led to harm to individuals (financial harm) and communities (through misinformation and fraud).
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BNR avertizează asupra unei campanii de fraudă financiară deepfake care folosește imaginea guvernatorului României

2024-02-05
Economedia.ro
Why's our monitor labelling this an incident or hazard?
The use of deepfake technology, which is AI-based, to create fraudulent videos and audio that deceive people into investing in a non-existent platform constitutes direct harm to individuals (financial harm) and communities (through misinformation and fraud). The AI system's misuse directly leads to realized harm, fulfilling the criteria for an AI Incident. Therefore, this event is classified as an AI Incident.
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Tentativă de fraudă financiară tip deepfake care folosește imaginea guvernatorului BNR; Videoclipurile folosesc fraudulos imaginea și vocea guvernatorului BNR pentru a convinge publicul să facă investiții financiare - Financial Intelligence

2024-02-05
Financial Intelligence
Why's our monitor labelling this an incident or hazard?
The event involves the use of an AI system (deepfake technology) to create fraudulent content that directly causes harm to people by misleading them into financial scams. This constitutes an AI Incident because the AI-generated deepfake content has directly led to harm (financial fraud) and violates trust and potentially legal rights. The harm is realized as the scam is actively being perpetrated, not just a potential risk.
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Avertizare BNR: Un Isărescu "clonat" de AI pune românii să investească pe o platformă care nu există

2024-02-05
Wall-Street
Why's our monitor labelling this an incident or hazard?
The event involves AI systems generating deepfake content (image and audio) impersonating a public official to perpetrate investment scams, which directly causes financial harm to people. This fits the definition of an AI Incident because the AI system's use has directly led to harm (financial injury) to persons. The mention of the financial authority's warning and the real case of a 25 million dollar scam further supports the classification as an AI Incident. Therefore, the event is classified as an AI Incident.
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BNR anunţă tentativă de fraudă financiară tip deepfake cu imaginea guvernatorului Isărescu, după ce au apărut videoclipuri ce folosesc fraudulos imaginea şi vocea sa pentru a convinge publicul să facă investiţii financiare pe o platformă inexistentă

2024-02-05
money.ro
Why's our monitor labelling this an incident or hazard?
The event involves the use of AI (deepfake technology) to create fraudulent videos that mislead people into financial scams, causing direct harm to individuals' finances. The AI system's use here is malicious and leads directly to harm, fulfilling the criteria for an AI Incident. The harm is realized (people are being convinced to invest money in a fake platform), not just a potential risk, so it is not merely a hazard. Therefore, the classification is AI Incident.