AI-Powered Social Engineering Scams Are Getting Savvier. Here’s How Consumers Can Protect Themselves
- AI-Powered social engineering scams have become increasingly sophisticated and widespread in 2024, affecting individuals across the United States and beyond.
- This rise stems from advances in generative AI enabling criminals to create convincing fake identities, messages, and calls that pressure victims to act quickly.
- Seniors, particularly those aged 60 and above, suffered the greatest financial harm last year, with several large states experiencing the highest numbers of reported fraud cases and monetary losses.
- In 2024, losses included $9.3 billion in cryptocurrency fraud, $6.57 billion in investment fraud often AI-driven, and $2.77 billion from business email compromise scams, according to FBI and industry data.
- The continued escalation prompts authorities like the FBI to urge prompt scam reporting and recommend protective steps such as verifying information, using strong passwords, and multi-factor authentication.
28 Articles
28 Articles
AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO
With one new AI capability after another entering the mainstream, it’s tempting to give each one the same cursory consideration. But some merit more attention than others. Consider AI deepfakes. Scammers can now use generative-AI tools to create voices, or even live video fakes, that sound or look like specific people—and request money transfers. As such, there’s a “significant” risk of such capabilities “breaking the trust and identity systems …
State sees surge in cybercrimes, 1,200 complaints in 2025 so far - The Tribune
In an alarming trend, Himachal Pradesh has witnessed a surge in cybercrimes related to internet browsing with as many as 1,204 complaints being registered from across the state in 2025 so far. These scams include fake websites, phishing links, malicious pop-ups and online frauds, giving a tough time to the people of the state.
A Historic AI Crime Wave Is Underway – Here’s How You Can Protect Yourself
Global cybercrime is expected to cost more than $10 trillion this year. Scams and online criminal activity have exploded through … Read More The post A Historic AI Crime Wave Is Underway – Here’s How You Can Protect Yourself first appeared on Charisma News. The post A Historic AI Crime Wave Is Underway – Here’s How You Can Protect Yourself appeared first on Charisma News.
Artificial Intelligence vs. Human Incompetence: Which Will Bring Armageddon? – California Globe
The rise of artificial intelligence should have marked a new frontier in innovation, productivity, and security. Instead, it’s beginning to look more like the opening act of a high-tech cautionary tale. As AI advances in sophistication, it’s not ushering in utopia. It’s opening the floodgates to a new kind of threat—one that uses data, mimicry, and digital misdirection to exploit our oldest and most reliable vulnerability: ourselves. A recent re…
In Response to the Rise of AI-Assisted Document Fraud, Certidox Offers a Patented, Open-Source, Tamper-Proof Technology - Exclusive Presentation in Chicago on May 29
CHICAGO, IL / ACCESS Newswire / May 28, 2025 / The proliferation of fake documents generated by artificial intelligence has reached a critical level. From diplomas to bank powers of attorney, purchase orders, emails, and press releases, everyone is now…
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