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IPFS News Link • Robots and Artificial Intelligence

Deepfakes Are Coming for the Financial Sector

• Wall Street Journal

Deepfakes have long raised concern in social media, elections and the public sector. But now with technology advances making artificial intelligence-enabled voice and images more lifelike than ever, bad actors armed with deepfakes are coming for the enterprise. 

"There were always fraudulent calls coming in. But the ability for these [AI] models now to imitate the actual voice patterns of an individual giving instructions to somebody with the phone to do something—these sorts of risks are brand new," said Bill Cassidy, chief information officer at New York Life.