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.
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.
The problem is still new enough that there is no comprehensive accounting of how often it happens.
Another large voice authentication vendor, Nuance, saw its first successful deepfake attack on a financial services client late last year.
Persons:
Clive Kabatznik, Kabatznik
Organizations:
Bank of America
Locations:
Florida