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Home»World»OpenAI CEO Sam Altman Warns Of AI Voice Fraud Crisis In Banking
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OpenAI CEO Sam Altman Warns Of AI Voice Fraud Crisis In Banking

July 24, 2025No Comments2 Mins Read
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WASHINGTON (AP) — OpenAI CEO Sam Altman warned the monetary business of a “vital impending fraud disaster” due to the power of synthetic intelligence instruments to impersonate an individual’s voice to bypass safety checks and transfer cash.

Altman spoke at a Federal Reserve convention Tuesday in Washington.

“A factor that terrifies me is seemingly there are nonetheless some monetary establishments that may settle for the voiceprint as authentication,” Altman mentioned. “That may be a loopy factor to nonetheless be doing. AI has totally defeated that.”

However now AI voice clones, and ultimately video clones, can impersonate individuals in a method that Altman mentioned is more and more “indistinguishable from actuality” and would require new strategies for verification.

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“That may be one thing we will take into consideration partnering on,” mentioned Fed Vice Chair for Supervision Michelle Bowman, the central financial institution’s high monetary regulator, who was internet hosting the dialogue with Altman.

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