STOPPING THE SILENT THIEF: DEALING WITH VOICE FRAUD IN BANKING

Voice fraud is a growing threat to the banking industry, victimizing millions of individuals worldwide. These criminals exploit vulnerabilities in communication systems, impersonating authorized sources to deceive unsuspecting customers into revealing sensitive information or authorizing fraudulent transactions. The "silent thief" operates with ste

As technology evolves, so too do the methods we utilize to safeguard our sensitive data. Biometric authentication has emerged as a leading solution, offering enhanced security compared to traditional passwords and PINs. Among the various biometric modalities, voice recognition stands out as a particularly effective tool due to its inherent convenie