AI: The New Thief? Sam Altman’s Warning Sparks Panic – Is Your Bank Balance at Risk?
AI misuse increases the risk of bank fraud; Sam Altman urges banks to adopt security systems smarter than AI.
Artificial Intelligence (AI) is no longer just a revolutionary tech trend — it’s now emerging as a serious threat. OpenAI CEO Sam Altman, speaking at the Federal Reserve Conference, issued a stern warning about the misuse of AI. He clearly stated that if financial institutions fail to act in time, AI could be used to rob ordinary people of their hard-earned money.
Warning to Banks: “Be Smarter Than AI”
Sam Altman emphasized that traditional banking security systems are now increasingly vulnerable to AI. He warned that if financial institutions do not upgrade their systems, the consequences could be severe. According to him, cybercriminals are now using AI to access bank accounts within minutes.
Deepfakes and Voice Clones: A Growing Threat
AI-generated deepfake videos and cloned voices have become so realistic that they can easily fool humans. Even voiceprint authentication — once considered highly secure — is now being bypassed by AI technologies. Altman warned that facial recognition systems might be next, as AI can easily manipulate or spoof them.
AI: The New Weapon for Cybercriminals
Generative AI is now being used by cybercriminals to write convincing scripts, make fake calls, and create forged documents. Altman pointed out that these tools are making criminals more dangerous, as fraud has now become smarter and faster than ever before.