A Fortune 500 Financial Institution Partners with GoodLabs to Protect Customers from AI-Powered Voice Phishing Attacks
GoodLabs’ Haystack Vishing A.I. Penetration Test solution, developed through the Build with Confluent Partner Program, helps organizations evaluate voice fraud biometric systems.
[Toronto, Oct 21, 2024] – GoodLabs Studio, a leader in financial crime prevention, is pleased to announce that a Fortune 500 financial institution has signed an agreement to use GoodLabs’ Haystack Vishing A.I. Penetration Test. The solution, developed and launched through the Build with Confluent Partner Program, will help evaluate their choice of voice biometric systems. This collaboration marks a significant step forward in strengthening the institution’s defense against sophisticated voice phishing (vishing) attacks, leveraging cutting-edge A.I. technology to ensure customer safety.
As advancements in A.I. voice cloning technology accelerate, financial institutions face increasing threats from deepfake attacks targeting popular features like “your voice is your password.” These sophisticated attacks can result in significant financial damage as fraudsters exploit voice biometrics systems to gain unauthorized access to sensitive accounts. Many financial institutions are uncertain about the effectiveness of their current voice biometric systems in countering these advanced threats.
GoodLabs’ Haystack Vishing A.I. Penetration Test is designed to address this critical challenge. Utilizing ASVspoof parameters and drawing on a diverse pool of 50 voice actors, GoodLabs’ Haystack Vishing A.I. Penetration Test rigorously evaluates the robustness of voice biometric systems against vishing attacks. By simulating real-world scenarios with high accuracy, Haystack provides financial institutions with a comprehensive assessment of their voice biometrics security, identifying potential vulnerabilities and offering actionable insights to fortify defenses. Integrating with Confluent's complete data streaming platform enables businesses to stream, connect, process, and govern their data in real time for a seamless, scalable deployment. Now, institutions can swiftly respond to threats and adapt their security measures in real-time.
For more information on GoodLabs’ Haystack Vishing A.I. Penetration Test and how it can help protect against the latest vishing threats. Please visit:
https://www.goodlabs.studio/haystack-vishing-ai-penetration-test or contact fraud@goodlabs.studio.
**About GoodLabs Studio**
GoodLabs Studio is an A.I. engineering firm that uniquely brings together financial crime experts, A.I. researchers, and software engineers to collaborate closely with financial institutions, developing fraud prevention A.I. technologies to make our banking industry safer for everyone.