#banking-security

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fromFuturism
5 days ago

Sam Altman Warns That AI Is About to Cause a Massive "Fraud Crisis" in Which Anyone Can Perfectly Imitate Anyone Else

"I am very nervous about this. A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else."
Privacy professionals
#coyote-trojan
Artificial intelligence
fromFortune
1 week ago

AI's voice mimicking software is so powerful that a terrified Sam Altman just warned the Fed about a 'fraud crisis' around the corner

AI's ability to mimic human voices poses a significant fraud risk to banking systems.
fromThe Hacker News
4 months ago

New Android Trojan Crocodilus Abuses Accessibility to Steal Banking and Crypto Credentials

Crocodilus enters the scene not as a simple clone, but as a fully-fledged threat from the outset, equipped with modern techniques such as remote control, black screen overlays, and advanced data harvesting via accessibility logging.
Cryptocurrency
fromFast Company
9 months ago

JPMorgan Chase is suing customers over the viral check fraud scam

JPMorgan Chase has filed lawsuits against individuals using a viral "infinite money glitch" to commit check fraud. The bank is pursuing stolen funds with interest.
Miscellaneous
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