| IdentityIQ Reports on Voice-Cloning and Phishing Scams - Financial Impact on Consumers Recently released data from IdentityIQ shows the alarming financial impacts of AI voice-cloning and phishing scams for consumers. According to the report, the use of voice-cloning technology and phishing attacks are on the rise and have resulted in an estimated $16 billion in losses over the last two years. The report identifies voice-cloning as a major security threat because of its ability to mimic and copy various voices and accents to manipulate victims into providing financial information. Additionally, phishing attacks are being used to target businesses and individuals, leading to a further increase in identity theft and fraud. IdentityIQ found that many consumers are unaware of the danger posed by these scams. As a result, they are more likely to respond to malicious emails, text messages, and websites, giving up personal information that can then be used to access their accounts and steal their identity. In response to the report, IdentityIQ is urging consumers to be more vigilant and cautious with their online activity. They suggest taking advantage of voice-cloning detection technology to protect against existing and emerging threats. Additionally, they recommend regularly checking account statements for any suspicious activity and notifying financial institutions of any unusual activity. Finally, they recommend exercising caution with any online or in-person interactions where personal information is being requested. Overall, IdentityIQ's report highlights the financial risks that consumers face when they encounter malicious voice cloning and phishing attacks. With the prevalence of online fraud increasing, consumers must remain vigilant and take proactive steps to protect themselves from becoming a victim of these scams. |