Nethone Darknet Summary

The growth of the AI voice cloning scam

June 06, 2023 Nethone Season 3 Episode 5
Nethone Darknet Summary
The growth of the AI voice cloning scam
Show Notes

In this month’s episode, we look into the increasing sophistication of the AI voice cloning scam. You may have seen deepfake disinformation videos in the news in the last few years, and perhaps you may even have used AI voice generators or text-to-speech services. You likely thought they were good, but at the same time, they didn’t quite look or sound like a real human. But the tech has been improving. 

The AI voice cloning scam - just another trick to fool victims

Fraudsters and scammers are fine-tuning their attempts at using AI voice cloning tech in social engineering scams, including a recent case when AI voice cloning was used in a kidnapping for ransom scam. But how can this tech be used in future against online companies? Researchers at cyber intelligence company Recorded Futures have released a report showing how AI voice cloning technology is now capable of fooling voice-based multi-factor authentication (MFA) - used by some major banks.

Nethone’s Intelligence Specialist Michał Barbaś is here to tell us more about the consequences of this improving tech, and how you can protect yourself against scammers using AI voice cloning scams.

Nethone.com is a fintech company that fights online transaction fraud using its proprietary software solution. In order to keep clients safe, we keep track of what’s happening in the darknet, the sometimes-murky underbelly of the web, where fraudsters exchange the tools and knowledge to plan their criminal activities. That’s why we’ve created this podcast, to share with you what our experts have found during their investigations! This and all our findings are available on our fraud prevention blog and Darknet Summary fraud podcast.