Is AI-Enabled Voice Cloning the Next Big Security Scam?

A company that specializes in detecting voice fraud is sounding the alarm over an emerging threat. With the help of AI-powered software, cybercriminals are starting to clone people's voices to commit scams, according to Vijay Balasubramaniyan, CEO of Pindrop. "We've seen only a handful of cases, but the amount of money stolen can reach as high as $17 million," he told PCMag. During a presentation at RSA, Balasubramaniyan said Pindrop has over the past year also investigated about a dozen similar cases involving fraudsters using AI-powered software to "deepfake" someone's voice to perpetrate their scams. "We're starting to see deepfake audios emerge as a way to target particular speakers, especially if you're the CEO of a company, and you have a lot of YouTube content out there," he said.