Imagine getting a phone call from what sounds exactly like your grandson, urgently asking for money because he's in trouble. He might even send a picture of himself at a hospital.
"In reality, it's not him," said Mithilesh Ramaswamy, senior engineer at Microsoft. "It's an AI-generated voice, cloned from his real conversations. Scammers can now use deepfake technology to mimic voices and even create fake videos, making it incredibly difficult to tell real from fake."
As artificial intelligence-enabled technology rapidly advances, so do the tactics of the scammers who utilize it.
Even those who have dedicated their careers to combating scammers are targeted. John Wilson, senior fellow of threat research at cyber security firm Forta, said the firm recently had a scammer leave a deepfake voicemail impersonating the CEO.
Michelle Petrowski, founder and CEO of Being in Abundance in Anthem, Arizona, said she has instructed her clients to never answer "yes" when someone calls and asks if it's them. SOURCE: Financial Planning - With much gratitude for keeping this issue in the public.
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