In 2023, banks and telcos may face large-scale hacks using deepfake voice technology, posing a significant security risk. The adoption of voiceprint technology for authentication, driven by cost-saving motives post-pandemic, overlooks the heightened risk of security breaches.
The increasing acceptance of data breaches among Canadians reflects a concerning trend of complacency towards privacy violations by big corporations. Despite numerous breaches, companies continue business as usual due to lack of enforceable privacy regulations.