The general director of OpenAI, Sam Altmanwarned the financial industry about a “significant and imminent fraud crisis” due to the ability of artificial intelligence tools for Emulate a person’s voice, thus avoiding security controls to move money.
Altman spoke at a conference of the Federal Reserve Tuesday in Washington.
“Something that terrifies me is that, apparently, there are still some financial institutions that accept the voice footprint as authentication,” said Altman. “It’s crazy to continue doing it. AI has overcome that completely.”
The identification by voice footprint for wealthy banking clients became popular more than a decade ago, a process in which customers generally had to pronounce a specific phrase by phone to access their accounts.
But now the voice clones of AI, and eventually video clones, can impede people in a way that, according to Altman, It is increasingly “indistinguishable from reality” and will require new verification methods.