Many people are victims of phone scams where the scammer asks his victim for information about his bank accounts, claiming to be from the bank's service. Therefore, Russian experts decided to develop methods to combat this phenomenon.
To combat this type of fraud, researchers from the Russian Mirya Institute of Technology and the Central Institute of Economics and Mathematics of the Russian Academy of Sciences have developed artificial intelligence software that can work with smartwatches, revealing whether the watch user is talking to a fraudster over the phone based on the user's vital signs.
The developers of this software pointed out that more than one million people in Russia fall victim to phone scammers annually, as scammers exploit the victim’s feelings after exposing him to the fear of losing his bank account or the money kept in his bank account, and ask him for account data claiming that they are from the bank. Therefore, the new software is able to measure the blood pressure, pulse and heart rate of the call recipient at the time of the call, and measure these indicators with a percentage of up to 90%, and warn him that he is nervous and may make unsound decisions.
The developers plan to make their software work with various types of smart wearable devices, where the device system will alert the user in real time when the level of fear exceeds a safe limit, urging them to pause and verify information before transferring any money or disclosing their bank account details.
