Voice Deepfakes Are Coming for Your Bank Balance

A new, cutting-edge scam is making waves where criminals use AI to generate voice deepfakes—or vocal renditions that mimic real people’s voices.

  • The speed of technological development, the falling costs of generative artificial intelligence programs and the wide availability of recordings of people’s voices on the internet have created the perfect conditions for voice-related A.I. scams.

Customer data like bank account details that have been stolen by hackers — and are widely available on underground markets — help scammers pull off these attacks.

  • ️ They become even easier with wealthy clients, whose public appearances, including speeches, are often widely available on the internet.

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