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AI Voice Cloning Fuels Rise in Grandparent Scams, Costing Seniors \$3.4 Billion
AI-enabled voice cloning is facilitating a rise in grandparent scams, with senior citizens losing approximately \$3.4 billion to such fraud in 2023, prompting cybersecurity experts to recommend the use of family safe words to verify callers' identities.
AI Voice Cloning Fuels Rise in Grandparent Scams, Costing Seniors \$3.4 Billion
AI-enabled voice cloning is facilitating a rise in grandparent scams, with senior citizens losing approximately \$3.4 billion to such fraud in 2023, prompting cybersecurity experts to recommend the use of family safe words to verify callers' identities.
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