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AI Scam Prevention: New Rules for Banks and Customers

This act aims to protect citizens from scams using artificial intelligence, such as fake voices or images. It establishes a special task force to investigate threats and develop recommendations for financial institutions to better safeguard your money and personal data. This will help banks be better prepared for new forms of cybercrime.
Key points
Establishment of a task force to combat artificial intelligence-driven scams in the financial sector.
The task force will examine how banks protect customers and identify new AI-related threats, such as deepfakes.
Best practices and legal recommendations will be developed to protect your data and money from identity theft and fraud.
Banks and financial institutions will need to better protect your accounts from new, advanced scamming methods.
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Expired
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Additional Information
Print number: 118_HR_5808
Sponsor: Rep. Pettersen, Brittany [D-CO-7]
Process start date: 2023-09-28
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Preventing Deep Fake Scams Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5808.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-09-28.

What are the main provisions?

Key points include:

  • Establishment of a task force to combat artificial intelligence-driven scams in the financial sector.
  • The task force will examine how banks protect customers and identify new AI-related threats, such as deepfakes.
  • Best practices and legal recommendations will be developed to protect your data and money from identity theft and fraud.
  • Banks and financial institutions will need to better protect your accounts from new, advanced scamming methods.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Pettersen, Brittany [D-CO-7].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Security Economy