Business Brief: The ultimate fraud machine

News Snapshot:

Good morning. I’m Alexandra Posadzki. My colleague Joe Castaldo and I dug into a story that might make you second-guess whether it’s wise to record your own voice-mail greeting. Scammers are using deepfakes generated by artificial intelligence to defraud businesses, creating a new financial risk for companies to manage. In one high-profile instance, an employee was duped into sending fraudsters more than US$25-million. More on that below, but first: In the news Teck Resources Ltd. is open to a deal with Glencore around combining its copper operations in Chile. The Nova Scotia government is moving to dismantle interprovincial trade barriers...