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Voice deepfakes are coming for your bank balance

By 30th August 2023AI News

Voice deepfakes are coming for your bank balance

Related company: Bank of America (

Artificial intelligence tools have given scammers a potent weapon for trying to trick people into sending them money. Scammers are now using artificial intelligence to generate voice deepfakes, or vocal renditions that mimic real people’s voices, in order to carry out fraud attempts. The falling costs of generative artificial intelligence programs and the wide availability of recordings of people’s voices on the internet have made it easier for scammers to carry out these voice-related AI scams. Banks and call centers are at risk of falling victim to these attacks, and experts are concerned about the potential for scams in which a caller reaches an individual directly. It is important for individuals and organizations to be aware and take precautions against these scams.

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