A tech reporter successfully impersonated their own voice using an AI voice generator to interact with their bank over the phone. This highlights the growing ease of creating deepfakes, which can be used maliciously to access or manipulate bank accounts. Scammers require only a few seconds of audio from platforms like Instagram or TikTok and some personal information potentially available through data leaks. In a demonstration, the reporter trained a voice generator using a radio interview and engaged in a five-minute call with their bank, raising little suspicion. Such tactics are increasingly adopted by hackers who use generative AI tools to automate deepfake voice calls, targeting numerous accounts for smaller amounts of money. A Deloitte report predicts US fraud losses could reach $40 billion by 2027 due to AI-facilitated scams. Banks are responding by implementing detection software, though challenges remain in identifying deepfakes as technology rapidly evolves. Authorities warn of the increasing sophistication and prevalence of these scams, urging improved international cybercrime laws and stricter penalties for misuse of AI.
— new from Business Insider
