Scammers are now using voice-cloning technology to trick people into giving up money or their banking information. Starling Bank is warning its members of fraudsters using artificial intelligence to replicate people’s voices.

AI voice cloning scam warning issued by bank - Starling Bank has suggested that people consider setting up a ‘safe phrase’ with loved ones that is never shared digitally.

The online-only lender said that these scams are highly effective, with millions of people potentially at risk. The bank's survey found that over a quarter of respondents had been targeted by such scams in the past year,

A U.K. bank is warning the world to watch out for AI voice cloning scams. The bank said in a press release that it's dealing with hundreds of cases and the hoaxes could affect anyone with a social media account.