FB pixel

US pols worried about voice cloning. Industry says they’ve got it covered

US pols worried about voice cloning. Industry says they’ve got it covered

If some U.S. Senators are worried about the security of voice biometrics being used by banks, software vendors say they see little but upside in their future.

Four Senators want an executive branch regulator, the Consumer Financial Protection Bureau, to “take action” to stop people from using AI algorithms in voice-cloning attacks on consumers.

Not unexpectedly, at least two cybersecurity software makers are saying the ID verification apps bring safety and efficiency to biometrics-secured remote financial transactions. New remote activity creates new business for banks.

It’s the safety claim, however, that has some concerned.

A spring banking committee meeting led by Sen. Sherrod Brown, an influential Democrat, looked at examples of successful white-hat hacking of voice software security.

In May, Brown, chairman of the Banking, Housing and Urban Affairs Committee, asked six giants in U.S. banking how they employ and secure voice recognition.

Then, this month, Brown was joined by fellow Senators Tina Smith, Jack Reed and Bob Menendez, in asking the financial bureau to assess the threat and put some guardrails on the industry’s use of voice biometrics to protect against cloning.

No specific actions were requested.

The day after the call, fintech trade publisher Finextra posted an interview with the CEO of ID verifier Veridas about biometrics in cybersecurity. Eduardo Azanza apparently did not address voice cloning but illustrated how biometrics-based transactions can enable remote dealings that otherwise can create new, fee-generating services.

At almost the same time, voice-authentication vendor ValidSoft posted on its site the case for voice being a part of a company’s omnichannel security strategy.

Voice is just another biometrics method fintechs can use to reduce friction and increase account security, according to ValidSoft. And paired with security codes, it can add a continuous authentication hurdle for criminals.

ValidSoft also avoids the shadow of voice cloning.

Article Topics

 |   |   |   |   | 

Latest Biometrics News


Biometrics developers dance with data privacy regulations continues

Biometrics controversy and investments are often found side by side, as seen in many of this week’s top stories on…


EU AI Act should revise its risk-based approach: Report

Another voice has joined the chorus criticizing the European Union’s Artificial Intelligence Act, this time arguing that important provisions of…


Swiss e-ID resists rushing trust infrastructure

Switzerland is debating on how to proceed with the technical implementation of its national digital identity as the 2026 deadline…


Former Jumio exec joins digital ID web 3.0 project

Move over Worldcoin, there’s a new kid on the block vying for the attention of the digital identity industry and…


DHS audit urges upgrade of biometric vetting for noncitizens and asylum seekers

A recent audit by the DHS Office of Inspector General (OIG) has called for the Department of Homeland Security (DHS)…


Researchers spotlight Russia’s opaque facial recognition surveillance system

In recent years, Russia has been attracting attention for its use of facial recognition surveillance to track down protestors, opposition…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events