AI voice fraud is becoming increasingly rampant: 95% simulated voice and 77% access suffer economic losses

CTOnews.com May 6, according to McAfee released the latest report, artificial intelligence (AI)-based voice fraud is increasingly rampant, in the group received fraud calls, 77% of people will lead to financial losses.

The report mentions two real cases, one of which simulates the victim's relatives through AI, indicating that they urgently need money for something; the other simulates her daughter through AI, extorting ransom from her mother, but in fact her daughter has not been kidnapped.

Because AI voice cloning tools are cheap and available, malicious parties can quickly and easily create voice clones. The way they get sample audio is from people sharing their voices on social media. The more you share your voice online, the easier it will be for a threat to find and clone it.

CTOnews.com attached report reads as follows:

Voice cloning tools are up to 95% accurate

77% of people who received AI fraud calls suffered financial losses

More than a third lost more than $1000.

7% were cheated of $5,000 to $15,000

In the United States, 11 percent lost between $5,000 and $15,000.

AI scams steal $2.6 billion in 2022

Interested users can click [PDF] to access the original report.