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Major hedge funds targeted in coordinated AI voice phishing campaign

Reported · Written up by our desk · Hedge Funds

Hedge funds have been targeted in a coordinated cyberattack effort that used AI-enabled voice phishing to try to gain access to internal systems, according to a report cited by Hedgeweek.

The campaign focused on multiple large hedge funds, which were singled out in attempts to compromise their networks through phishing techniques that use voice.

Bloomberg is cited in the coverage for its account of the attack approach and the use of AI in the phishing attempts.

The incident highlights the use of AI voice tactics in cybercrime aimed at financial firms, including hedge funds.

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