Cybercriminals Are Using AI to Target Your Finances

Cybercrime has become more advanced over the years, but the level of sophistication could take a quantum leap forward with the explosive growth of generative artificial intelligence (AI) that can easily mimic a real person’s voice or create a scam website that looks exactly like a real one. The threat is keeping security professionals up at night. To help protect yourself, this wide-ranging conversation with Larry Zelvin, Executive Vice President and Head of the Financial Crimes Unit at BMO, discusses the many online issues ultra-high-net-worth families face and how to defend against them.