Why voice-based scams are a growing threat to banks

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AI Summary

- Voice scams can result in significant financial losses for both banks and customers. - Phone lines remain a critical vulnerability in the finance sector, despite being one of the oldest communication methods.

Texas Relevance

The article does not mention Texas or any Texas-specific entities. It discusses a general issue affecting banks and credit unions nationwide.

Original Content

Voice scams can cost banks and customers millions in seconds -- why phone lines remain one of finance's biggest blind spots.