| Voice Cloning Technology Could Lead to New Wave of Fraud, Blumenthal Warns Connecticut Senator Richard Blumenthal is raising concerns over the potential of voice cloning to enable a new wave of fraud. Advances in artificial intelligence (AI) are allowing criminals to create realistic-sounding computer-generated voices, and Blumenthal warns this technology could be used to impersonate people in order to commit financial and identity fraud. Blumenthal worries that criminals will use voice-cloning technology to trick victims into revealing personal information, such as passwords and account numbers, by impersonating someone they know or trust. He is urging federal agencies to step up measures to protect consumers from this increasingly sophisticated form of fraud. “Voice cloning technology is a major threat to our security and financial systems,” said Blumenthal. “We must stay ahead of the criminals in finding ways to protect ourselves from this rapidly evolving form of identity theft.” Blumenthal says current security measures are falling short in keeping up with the new capabilities of voice-cloning technology. To address this, he is calling on the U.S. Federal Trade Commission and the Consumer Financial Protection Bureau to strengthen regulations and enforcement in order to deter the potential for fraud and give consumers greater protection. Blumenthal is also urging technology companies to work closely with law enforcement to monitor for potential fraud. He believes that providing better awareness and guidance for companies and consumers alike is necessary to address the growing risk of voice clone fraud. “We need to take steps now to ensure that this powerful technology does not fall into the wrong hands and give criminal organizations the means to commit widespread fraud,” said Blumenthal. “We need to be proactive in the fight against voice clone fraud.” |