As we continue to explore some of the fastest growing scams in 2024, this week’s safety article will review how your own voice can become a weapon to steal your money.
Artificial Intelligence (AI) has given scammers a tool to perfectly clone your voice. This cloning has opened up avenues to cheat you out of your money. The two more popular ones are Voiceprinting and a new multistage grandparent scam.
VoicePrinting is on the rise in 2024. Thieves take advantage of new technologies and capture a recording of your voice. They in turn use a software program to generate an imitation “deepfake” version that allows them to impersonate you. This voiceprint can now be used to access many of your accounts from your insurance and financial institutions. The scammers use your clone voice to contact your bank and transfer funds into an account they control.
Organized thieves use criminal call centers that they staff with young people and pay them for every older person they deceive. (Adobe Stock)
The first step into safeguarding this scam is to realize that conversations with anyone other than family or close friends are coming to an end. Even calls from familiar numbers may actually...
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