AI-Scams Are On The Rise – And They Are Getting Better…

The rise of artificial intelligence (AI) has opened up new avenues for scammers to exploit unsuspecting individuals. In a recent report by ConsumerAffairs, the increasing use of “voice cloning” and deepfakes has raised concerns among experts. Deepfakes, which are synthetic media that integrate a photo of a person into a video or image to create an illusion, are particularly concerning as they can be used to deceive individuals and carry out scams.

Sophisticated AI-Scams using deepfakes

According to Rijul Gupta, the CEO and co-founder of DeepMedia, scammers are moving towards using deepfake videos to trick individuals. They can create deepfakes using software similar to Snapchat or TikTok filters and use them to deceive people. In addition, Gupta warns that scammers are starting to use children as a decoy in AI scams. They can create a deepfake video call pretending to be the child’s principal, for instance, and scam parents out of money.

The use of deepfakes is not limited to individuals but has also found its way into offices. The FBI has reported instances of scammers compromising the email of a CEO or CFO and using deepfake videos to trick employees into initiating wire transfers or providing wiring instructions.

ChatGPT-4 Controversies

The latest version of ChatGPT-4, an AI language model, has also raised concerns among privacy experts. According to Dimitri Shelest, CEO & founder of OneRep, ChatGPT-4 can be used to build websites and bots that trick users into sharing their information, taking social engineering scams to the industrial level. Shelest warns that ChatGPT-4 can help cybercriminals create credible and highly-targeted phishing campaigns that are difficult for the average person to detect as fake.

While there are ways to spot a fake AI-generated image or voice, Gupta warns that AI is getting more sophisticated every day, making it increasingly difficult to distinguish between what is real and what is fake. Gupta suggests that detection AI may be the only viable solution to keep people safe.

In conclusion, the rise of AI has opened up new avenues for scammers to exploit unsuspecting individuals, including the use of deepfakes and voice cloning. It is essential to remain vigilant and cautious when receiving unexpected requests for money or personal information. As AI technology continues to evolve, it is crucial to stay informed and be aware of potential scams.