Popular Articles
Today Week Month Year

Free AI voice generation software successfully hacked into bank accounts using simulated voices
By Cassie B. // Mar 01, 2023

While any type of hacking can be upsetting, it’s hard to imagine a more devastating scenario than someone gaining access to your bank account. Most banks employ cutting-edge authentication technology that is very difficult to get around – but one tech writer recently proved that even the most modern measures are surprisingly easy to breach.

Joseph Cox of Vice recounted how he called his bank’s automated service line to test this theory out. When prompted to say, “My voice is my password,” rather than uttering the statement himself, he played a clip he had made with an AI voice creation tool to say it. Within seconds, he was given access to his account.

He said: “I had used an AI-powered replica of a voice to break into a bank account. After that, I had access to the account information, including balances and a list of recent transactions and transfers.”

He said that when he later tried the same thing with an account at the UK financial institution Lloyds Bank, his first attempt failed. However, after playing around some more with the AI software from ElevenLabs, having it read longer texts to improve the believability of its cadences, he did manage to get inside the account.

He explained how easy the software is to use. He recorded a few minutes of speech and uploaded it to ElevenLabs; it then created the synthetic voice, which was capable of saying whatever text he entered into the site.

This means that anyone with access to recordings of someone else’s voice could potentially pull off a similar feat. Although the software says it is for providing voices for videos, books and newsletters, it doesn’t have robust safeguards in place to prevent abuse.

Human knowledge is under attack! Governments and powerful corporations are using censorship to wipe out humanity's knowledge base about nutrition, herbs, self-reliance, natural immunity, food production, preparedness and much more. We are preserving human knowledge using AI technology while building the infrastructure of human freedom. Speak freely without censorship at the new decentralized, blockchain-power Brighteon.io. Explore our free, downloadable generative AI tools at Brighteon.AI. Support our efforts to build the infrastructure of human freedom by shopping at HealthRangerStore.com, featuring lab-tested, certified organic, non-GMO foods and nutritional solutions.

Lloyds Bank boasts that its Voice ID program is safe and unique to each person, analyzing more than 100 characteristics such as how fast you talk, your accent and how you use your vocal cords. It says it can even recognize you if you have a sore throat or cold – but apparently it can’t tell human voices apart from AI-generated ones.

Wells Fargo, TD Bank, Chase, and many others employ similar technology. Many banks enable users to conduct banking activities over the phone, including checking their account balances and transaction history and transferring money.

AI voice generation technology puts everyone at risk

Rachel Tobac, SocialProofSecurity CEO, told Motherboard: “I recommend all organizations leveraging voice ‘authentication’ switch to a secure method of identity verification, like multi-factor authentication, ASAP.”

She added that the technology makes it possible for people to breach a person’s account without having ever interacted with them in real life.

In fact, Cox noted that people have already used the software in question to replicate people’s voices without their consent. For example, they can take clips of people’s voices that are already available online – whether it’s a TikTok or YouTube video of a social media influencer or even an ordinary person or news footage of politicians and other celebrities – and use them to clone their voice.

Members of 4chan have used the software to make it sound as though celebrities are making racist and transphobic comments; in one incident, they used the voice generator to make it sound like actress Emma Watson reading Mein Kampf. After the incident made headlines, ElevenLabs said that although it is capable of tracing generated audio back to specific users, it is also exploring additional safeguards, such as requiring users to provide payment information or full ID identification.

Relying on voice authentication to protect your bank account is not a smart move these days. At the very least, users should set it up to use a second factor for authentication as well. As AI tools continue to evolve and improve at a rapid pace, what seem like cutting-edge authentication measures now could soon become very easy to breach.

Sources for this article include:




Take Action:
Support NewsTarget by linking to this article from your website.
Permalink to this article:
Embed article link:
Reprinting this article:
Non-commercial use is permitted with credit to NewsTarget.com (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.

NewsTarget.com © 2022 All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. NewsTarget.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. NewsTarget.com assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published on this site. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
News Target uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.