Are you aware that cybercriminals are using AI-driven techniques to scam the innocent and naive? It’s true! Cybercrime is an ever-growing problem, and Artificial Intelligence (AI) has made it even easier for malicious actors to use sophisticated methods to target people. AI technology provides unprecedented access to our lives and enables these cybercriminals to exploit computer systems in dangerous ways. Let’s explore some of the latest techniques being used by these criminal masterminds – from malicious phishing attacks all the way through to deep fake audio manipulation – so you can stay one step ahead of them the next time they come knocking!
Through Content-Based AI :
Fraudsters are exploiting Content based AI such as ChatGPT for the purpose of generating natural, Strong and convincing scripts. One notable method involves using ChatGPT to craft phishing emails or messages that mimic trustworthy sources, including banks or financial institutions. Such deceptive communications aim to deceive recipients into disclosing personal information or making unauthorised money transfers. Furthermore, fraudsters may employ ChatGPT to generate phone scripts, enabling them to impersonate customer service representatives and deceive individuals into divulging sensitive data. The fabricated messages can bear an uncanny resemblance to genuine ones.
Through Visual-Based AI:
The prevalence of Deep Fake AI Scams is on the rise, extending its reach to world celebrities and other notable individuals. This concerning trend involves fraudsters utilising generative AI to produce fabricated videos, including impersonations of CEOs or CFOs. These deceptive videos are then used to manipulate employees or investors into transferring money or sensitive information. Furthermore, fraudsters can generate counterfeit videos of individuals delivering speeches or providing instructions, leading to potential misinformation and malicious intent. A notable example is the widely known YouTube video depicting a fake speech by President Obama. Moreover, generative AI can be exploited to create realistic images of nonexistent products or services, deceiving individuals into purchasing goods or services that do not actually exist. It is imperative to be cautious and discerning in order to combat these fraudulent practices and safeguard against their detrimental consequences.
A recent example of visual-based AI turned into deep fake is a video of Ukraine’s Prime Minister, Zelensky:
Through Speech based AI:
One common tactic involves using AI-generated voices to impersonate authoritative figures, such as company executives, government officials, or customer service representatives. Scammers can make phone calls or send voice messages that convincingly mimic the voice of a trusted individual. This enables them to manipulate unsuspecting victims into giving sensitive information, such as personal details, passwords, or financial data.
Moreover, fake voice AI technology can be used to create fraudulent voice recordings for social engineering purposes. For instance, scammers may generate fake voice messages claiming to be from a bank, demanding urgent action or account verification. The goal is to deceive individuals into providing their confidential banking information or making unauthorised transactions.
Tips To Stay Safe from AI-based Scams:
- Stay updated on AI advancements: Educate yourself about AI technology and its capabilities, including the potential for generating fake content. Understanding how AI-generated scams work can help you recognize them and stay one step ahead.
- Keep personal information private: Avoid sharing sensitive information such as your social security number, bank account details, or passwords with unknown individuals or suspicious websites. Legitimate organizations usually don’t ask for such information via unsolicited messages.
- Verify the source: Before engaging with any online content, double-check the source’s credibility. AI-generated scams may mimic reputable organizations or individuals, so verify their authenticity through official websites, contact information, or trusted sources.
- Stay informed about scams: Stay up-to-date with the latest news and developments related to online scams. Subscribe to reliable sources that provide information on emerging scams, AI-generated or otherwise, so you can stay informed and protect yourself.
- Be sceptical: Develop a healthy scepticism towards unsolicited messages, emails, or calls. something seems too good to be true or feels suspicious, proceed with caution.
As AI becomes more prevalent in our daily lives, it’s important to recognise that there are those who seek to exploit its weaknesses for their own gain. By staying informed and alert, we can ensure that we are making the most of the advancements in AI without falling prey to those who would abuse them. So, let’s make a conscious effort to keep ourselves informed and safe from the scams that come hand-in-hand with the rapidly developing world of AI.