Financial privacy advocates are urging banks to cease using voice authentication for customers. A Vice reporter successfully hacked into his own Lloyds Bank account using a free artificial intelligence-generated recording of his voice. "I recommend all organizations leveraging voice 'authentication' switch to a secure method of identity verification, like multi-factor authentication, ASAP," said SocialProof Security CEO Rachel Tobac, adding AI replication of voices could allow a bad actor to hack into bank accounts "without ever needing to interact with the person in real life."
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