The use of AI-powered deepfake technology by cybercriminals to replicate voices and produce fake audio clips and voice commands has emerged as a serious concern. Such fraud can lead to identity theft, phishing emails, and deceitful phone calls. A UK-based energy company’s CEO was recently conned out of €220,000 by an AI-generated deepfake of his German boss’s voice, underscoring the significance of strong security measures and employee education to prevent such deception. As AI technology advances, there is a genuine risk of losing one’s voice to an algorithm.

Relevant URL: https://cybernews.com/security/how-ai-voice-cloning-threatens-the-security-of-banking-systems/