The pursuit of super intelligent computers has sparked concern about humanity's fate, but Commonwealth Bank CEO Matt Comyn sees potential to transform and boost productivity in the economy.
CBA is already using AI for fraud detection and to personalize customer services, and improving their AI skills is a top priority.
Unfortunately, scammers are taking advantage of this technology. Last month, a deep fake of Matt Comyn was created to deceive customers. The fake Comyn promised an automated tool for high investment returns, leading people to a fake website.
CBA has warned customers to be skeptical of such "opportunities", as investment scams are on the rise.
The Australian Competition and Consumer Commission is also aware of the risks posed by these deep fake videos. If you're unsure about a message claiming to be from CommBank, contact them through official channels and reject suspicious offers outright.
- CyberBeat
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