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North Korean state-sponsored hackers used AI-generated deepfake videos and social engineering tactics in the FaceStealer scheme to steal over $400 million in cryptocurrency from global victims. U.S. authorities disrupted the scheme, seizing cloud infrastructure and hundreds of stolen webcam videos. The attacks targeted crypto and Web3 industries.[AI generated]
Why's our monitor labelling this an incident or hazard?
The event involves an AI system or AI-enabled technology used maliciously to create fake video calls that deceive victims, leading to identity theft and large-scale cryptocurrency theft. The harm is realized and significant, including financial loss and privacy violations. Therefore, this qualifies as an AI Incident because the AI system's use directly caused harm to persons and property through cybercrime.[AI generated]