Tag: AI scam

“Your son will be arrested, pay or else…”, Mumbai professor loses ₹1 lakh to AI scam
6Apr By adminNo Comments
Technology

“Your son will be arrested, pay or else…”, Mumbai professor loses ₹1 lakh to AI scam

[ad_1] In a disturbing event that highlights the growing sophistication of cybercrime, S S Sarkar, a 58-year-old professor at NMIMS College in Mumbai, fell prey to a fraudulent scheme enabled by Artificial Intelligence (AI), resulting in a large financial loss. Sarkar became entangled in a web of deception engineered by individuals who were using AI technology for vile reasons.Fraudulent Call from 'Inspector Vijaykumar'The incident began when Sarkar, who was working at the institution, received an unexpected call from someone claiming to be 'Inspector Vijaykumar' from the Mumbai police department. The imposter, speaking in an urgent and authoritative tone, brought frightening news: Sarkar's son had allegedly been arrested, and unless she rapidly paid a considerable quantity of money, he...
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AI DANGER! Artificial intelligence being used to carry out malware attacks, warns FBI
1Aug By adminNo Comments
Technology

AI DANGER! Artificial intelligence being used to carry out malware attacks, warns FBI

[ad_1] The generative artificial intelligence revolution has brought new avenues of growth and potential for massive advancements, but along with that have come new threats to security and privacy. Recently we have seen instances of cybercrimes emerge where criminals and bad actors have been leveraging generative AI for malicious purposes. Just last month, a man in Thiruvananthapuram was scammed of Rs. 40,000 after the scammer used deepfakes to impersonate someone the victim knew. These crimes, which now use advanced AI malware, have risen so much that even the Federal Bureau of Investigation (FBI) in the USA had to issue a warning to the public to raise awareness of such crimes.According to a report by PCMag, The US agency held a meeting with journalists to discuss how generative AI ma...
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Man scammed out of Rs. 40000 via AI-based video call on WhatsApp; know how to catch deep fakes
17Jul By adminNo Comments
Technology

Man scammed out of Rs. 40000 via AI-based video call on WhatsApp; know how to catch deep fakes

[ad_1] Yet another online scam was reported in Thiruvananthapuram, Kerala and this one was quite novel in its scope and implementation. A man was cheated of Rs. 40000 through an AI-based video call. The victim got a video call from an unidentified number and the caller acted as a former colleague. The reason why the victim was duped was because the cybercriminals used Artificial intelligence tools to successfully impersonate someone the man knew. The scam was carried out through WhatsApp video calling.During the investigation, Kerala's cyber wing traced the money trail and contacted the specific bank to block the amount after receiving the scam information on Friday. The victim, named Radhakrishnan, received a WhatsApp video call from what sounded like his former colleague in Andhra Pra...
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Is a Terminator-style AI apocalypse inevitable? Know what shocking research says
14Jul By adminNo Comments
Technology

Is a Terminator-style AI apocalypse inevitable? Know what shocking research says

[ad_1] Artificial intelligence (AI) has captured the world's attention, especially since ChatGPT came to life last November. Since then, generative AI has been a rapidly developing field with new advancements announced every single day. Technologies such as virtual assistants, speech and voice recognition programs, and machine learning are ingrained in the programs we use on a daily basis, helping us without even us noticing. Take the film ‘Her' for example, where an AI virtual assistant helped Joaquin Phoenix combat loneliness. However, it's not all sunshine and rainbows, as arguments have been made regarding the consequences of AI's meteoric rise especially if it is not kept in check. The current risks of AI involve technology taking over jobs, making humans lazy and even swaying elec...
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Amazon broken? AI-generated books hog Kindle Unlimited best-sellers list; author protests
5Jul By adminNo Comments
Technology

Amazon broken? AI-generated books hog Kindle Unlimited best-sellers list; author protests

[ad_1] While the positives of artificial intelligence cannot be overstated, the same rule applies to its downsides. Recently, a song titled Heart on My Sleeve created a big controversy after it was revealed to be generated by AI, and major streaming sites pulled it off their shelves. Similarly, a new crypto scam was seen on social media platforms where AI-generated images of adventurer and celebrity Bear Grylls and former football player Ian Wright were used to spread fake news. Now, according to an indie author, the dark side of AI is spreading across Amazon's Kindle Unlimited.Caitlyn Lynch, an indie author recently tweeted about the issue of AI-generated books dominating Kindle Unlimited. She said, “The AI bots have broken Amazon. Take a look at the Best Sellers in Teen & Young Ad...
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5 things about AI you may have missed today: EU AI laws face pushback, Microsoft’s new AI course, more
30Jun By adminNo Comments
Technology

5 things about AI you may have missed today: EU AI laws face pushback, Microsoft’s new AI course, more

[ad_1] Today was a big day in the world of artificial intelligence. As European Union has begun finalizing the redrafted AI laws, many companies have begun sharing concerns and urging the EU to reconsider the policies. In separate news, Microsoft has launched a new AI skills initiative, a free course, across the globe through which it intends to help people understand how to use the potential of AI. This and more in today's AI roundup. Let us take a closer look.Top companies raise alarm over the EU AI lawsMany big business leaders are opposing the EU's proposed legislation on AI, suggesting that it restricts competitiveness and can harm the growth of this new technology and cause an exodus of investors out of Europe. In an open letter sent to the EU, that has hundreds of signatories inc...
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5 things about AI you may have missed today: AI scam, EVE robot, Sam Altman and much more
24May By adminNo Comments
Technology

5 things about AI you may have missed today: AI scam, EVE robot, Sam Altman and much more

[ad_1] The artificial intelligence race has just got even more intense. Microsoft, during the keynote session of its developer-centric event Microsoft Build, announced a wide range of AI copilots for its products as well as a full copilot stack for its developers to build apps and plugins. With Apple's Worldwide Developer's Conference (WWDC) just a couple of weeks away, it remains to be seen if Apple too will join the AI bandwagon. In other news, a scammer in China used AI technology to scam people. This and more in our daily AI roundup. Let us take a look.Scammer uses AI technologyIn Northern China, a scammer used AI ‘deepfake' technology to scam an unsuspecting victim and steal his money. According to a report by Reuters, the incident occurred in Baotou, in the region of Inner Mongoli...
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Beware of fake ChatGPT apps! They can scam you out of money; delete if you downloaded any
21May By adminNo Comments
Technology

Beware of fake ChatGPT apps! They can scam you out of money; delete if you downloaded any

[ad_1] ChatGPT's soaring popularity has turned into an opportunity for online scammers! The buzz around this popular AI chatbot sparked the roll out of slew of fake apps on the Google Play Store and the Apple App Store. Now, cybersecurity firm Sophos has warned the public about these fake ChatGPT apps. It says that downloading these appps can be dangerous and also, they have have near-zero functionality and are constantly serving ads. The report has warned that these apps coerce unsuspecting users into signing up for a subscription that can cost hundreds of dollars a year.How does this fake ChatGPT app scam work? Sophos refers to these misleading apps as 'fleeceware' and describes them as apps that bombard users with advertisements until they surrender and get the subscription. These ap...
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Steve Wozniak says AI may make scams, misinformation harder to spot
13May By adminNo Comments
Technology

Steve Wozniak says AI may make scams, misinformation harder to spot

[ad_1] Ever since Artificial Intelligence (AI) grabbed public attention, as well as those of businesses and authorities, it has been both praised and reviled in equal measure. It comes with a lot of advantages and useful services to offer along with a fair share of cons too. Recently in an interview with BBC, Apple co-founder, along with the iconic Steve Jobs, Steve Wozniak has spoken on the problems AI can bring. One of the problems he is most worried about is that AI can make detecting scams and misinformation difficult.Along with Tesla CEO Elon Musk, Wozniak also signed a letter in the month of March 2023 calling for pause in the development of AI models. Speaking to the BBC, Wozniak spoke on the benefits and problems of AI. Wozniak warned that AI content should be clearly labelled, ...
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Almost half of Indians experience AI-enabled fake voice scams, 83% victims lost money: McAfee survey
2May By adminNo Comments
Technology

Almost half of Indians experience AI-enabled fake voice scams, 83% victims lost money: McAfee survey

[ad_1] About half of Indians surveyed said that they are unable to differentiate between the real and cloned voice of a person while 83 percent of the victims of voice scams have faced the loss of money, online security firm McAfee said in a report.The survey of 7,054 people was conducted in seven countries, including 1,010 respondents from India, around artificial intelligence-enabled voice scams by imposters. The report suggests using a verbal codeword among family members and trusted close friends as one of the protective measures from voice scams. "About half (47 percent) of Indian adults have experienced or know someone who has experienced some kind of AI voice scam, which is almost double the global average (25 percent). 83 percent of Indian victims said they had a loss of money- ...
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