RBI's announcement for AI framework draft, it will be used in the financial sector, fraudsters who steal money from banks will be controlled.

Obnews Tech Desk: Innovation in technology has made our lives very easy. Due to everyday changes in technology, today we are able to do everything from online shopping to ordering food at home in a jiffy.

Even when it comes to sending money from one account to another, the money can be transferred easily with just one click. But the thing to note is that as much as new technology has made our lives easier, it has also created problems for us.

Everyday people are becoming victims of cyber fraud

Every day many people become victims of cyber fraud and money worth lakhs of crores disappears from their accounts in a moment. To avoid this, as soon as the government comes up with a new trick, cyber thugs come up with a new formula to launder money from the bank through AI. Meanwhile, recently the government in collaboration with telecom companies has released an awareness caller tune for the citizens of India to make people aware. So that people can get information about digital arrest and they do not become victims of fraud.

RBI forms eight-member committee to draft AI framework

Meanwhile, now the Reserve Bank of India i.e. RBI has formed a committee of 8 members, so that a framework can be drafted regarding AI. RBI has taken this step because every day cyber thugs are targeting thousands of people and wiping out their bank accounts. At present, AI is being misused a lot.

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Through this, anyone's voice cloning to video cloning is being done. By misusing it, cyber thugs are blackmailing people and duping them of lakhs of crores of rupees. Keeping this in mind, the Reserve Bank of India has constituted an eight-member committee to prepare the draft AI framework. Through this, AI can be used positively in the banking sector and cyber frauds will also be controlled.