Bank Fraud: Voice Cloning Used in $35 Million Heist - Highlighting the Need for Responsible AI

An incident involving a bank heist, where fraudsters cloned a company director's voice, underscores the importance of trustworthy AI. This AI incident maps to the Govern function in HISPI Project Cerebellum Trusted AI Model (TAIM). The harm prevention capabilities of AI governance could have mitigated this event. Ready to help shape responsible AI? JOIN US

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/147

Data source

Incident data is from the AI Incident Database (AIID).

When citing the database as a whole, please use:

McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

Pre-print on arXiv · Database snapshots & citation guide

We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.