Fideuram AI media incident — Oct 2026
Fraudsters used AI voice cloning and impersonation to trick executives at Fideuram into authorizing fraudulent transfers totaling 95 million euros
- Reported date
- Oct 12, 2026
- Target
- Fideuram
The exact incident date was not established. This entry is dated by its source report.
In September 2026, Fideuram, the private banking arm of the Italian financial giant Intesa Sanpaolo, fell victim to a sophisticated fraud scheme involving AI-driven impersonation. The incident resulted in the unauthorized transfer of 95 million euros, highlighting the growing threat of synthetic media in enterprise finance.
What happened
Attackers utilized advanced AI voice cloning and impersonation techniques to deceive company executives. By successfully mimicking the voices and identities of trusted figures, the fraudsters convinced the targets to authorize a series of financial transfers. The total loss from this operation reached 95 million euros, or approximately 108 million dollars. This event serves as a significant benchmark in the evolution of deepfake-driven corporate fraud, demonstrating that live executive impersonation has become a high-value threat vector capable of bypassing traditional internal controls. The scale of the Fideuram incident underscores the urgent need for organizations to implement strict out-of-band verification protocols for all sensitive financial transactions, regardless of the perceived identity of the requester.