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Protecting Against Digital Scams: AI Task Force in Finance

This act establishes a special task force to examine how artificial intelligence impacts the financial sector. The goal is to protect your money and data from new types of scams, such as fake voices or images. The task force will prepare a report with recommendations to help banks and financial institutions better protect customers.
Key points
Creation of an expert task force to analyze AI-related threats in banking.
The task force will investigate how scammers can use AI for data and money theft.
Best practices and legal recommendations will be developed to enhance the security of your bank accounts.
The task force's report will help protect you from scams using fake voices and images (deep fakes).
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Introduced
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Additional Information
Print number: 119_HR_1734
Sponsor: Rep. Pettersen, Brittany [D-CO-7]
Process start date: 2025-02-27