Capillary subsidiary hit by €3M deepfake-enabled banking fraud
Retail customer-engagement SaaS firm Capillary Technologies has initiated a KPMG forensic audit after a recently acquired subsidiary lost €3 million in an alleged deepfake-enabled banking fraud. The company says €450,000 has been recovered and customer data and infrastructure were unaffected.
Retail customer-engagement SaaS provider Capillary Technologies launched a KPMG forensic audit after a recently acquired subsidiary suffered a €3 million deepfake-enabled banking fraud. Capillary recovered €450,000, froze suspected accounts and said customer data and technology infrastructure were unaffected.
Why this matters
The signal follows recent reporting that Capillary Technologies lost Rs 32.7 Cr in a deepfake banking fraud at an overseas unit, adding detail on the reported loss, recovery and forensic response.
Retail-company signals are accelerating, up 259260% QoQ.
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