BLUF

Scammers are now using artificial intelligence to impersonate the voices of family members.

Summary

Anna Patty writing in the Sydney Morning Herald, makes the following points:
  • Scamwatch estimates Australians lost $4 billion from scams last year.
  • Reimbursing victims could create a honeypot for scammers.*

*scammers will be incentivized to continue scamming people since they know banks will reimburse their victims.

*Australia should force banks to repay scam victims and adopt better protections, advocates say | Banking | The Guardian

 

References

Recent Runway Posts related to this topic:
References from the Web:
Source Information: