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Voice Deepfakes Are Coming for Your Bank Balance

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Artist's representation of a voice deepfake.

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.

Credit: Ariel Davis

This spring, Clive Kabatznik, an investor in Florida, called his local Bank of America representative to discuss a big money transfer he was planning to make. Then he called again.

Except the second phone call wasn't from Mr. Kabatznik. Rather, a software program had artificially generated his voice and tried to trick the banker into moving the money elsewhere.

Mr. Kabatznik and his banker were the targets of a cutting-edge scam attempt that has grabbed the attention of cybersecurity experts: the use of artificial intelligence to generate voice deepfakes, or vocal renditions that mimic real people's voices.

From The New York Times
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