OpenAI’s Sam Altman Exposes AI Voice Fraud Threat Undermining Banking Security

At a recent Federal Reserve conference in Washington, OpenAI CEO Sam Altman delivered a stark warning to America’s financial sector: artificial intelligence is rapidly eroding trust in traditional security measures, threatening a wave of fraud that could undermine national economic stability.Voiceprint authentication — once considered a robust verification method for wealthier banking clients — is now alarmingly vulnerable. As Altman bluntly put it, "There are still some financial institutions that accept the voiceprint as authentication. That is a crazy thing to still be doing. AI has fully defeated that." How long will our banks cling to outdated safeguards while criminals...