Tag: AI scams

5 things about AI you may have missed today: The rising tide of AI scams, US hosts first military AI conference, more
17Mar By adminNo Comments
Technology

5 things about AI you may have missed today: The rising tide of AI scams, US hosts first military AI conference, more

[ad_1] The rising tide of AI scams targets vulnerable populations; US hosts first military AI conference with global allies; Israeli startup harnesses AI for antibody discovery; AR Rahman advocates AI as tool for music enhancement, not job displacement- this and more in our daily roundup. Let us take a look.1. The rising tide of AI scams targets vulnerable populationsAI scams proliferate, preying on vulnerable demographics, notably via social media ads. Complaints to the FTC spiked, rising from 2 to 14 in a year, mirroring the surge in generative AI tools. While seemingly modest, these figures hint at a larger issue. Victims recount losses, such as one who lost life savings to a deepfake Elon Musk promoting a fake Tesla investment scheme on YouTube, according to a Bloomberg report.  Als...
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Tinder Launches Crackdown Against AI Scams, Dating Crimes; New ID Checks Require Passport, Video
21Feb By adminNo Comments
Technology

Tinder Launches Crackdown Against AI Scams, Dating Crimes; New ID Checks Require Passport, Video

[ad_1]  Tinder is expanding its identity verification program at a time when artificial intelligence (AI) can make it hard to tell who's real and crime is rising on dating apps. Tinder, the world's most popular dating platform, is rolling out the system in the US, the UK, Brazil and Mexico over the coming weeks and months. It's already been testing the feature in Australia and New Zealand, where people who had been verified saw a 67% increase in matches compared to those who didn't, the company said in a statement on Tuesday. The process requires a valid driver's license or passport and a self-recorded video. A third-party vendor checks the birth date and whether the face in the video selfie matches the individual's profile photos and ID. Once the user submits the information, it typica...
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ChatGPT-like AI tools assisting cybercriminals to pull off shockingly effective online scams
25Nov By adminNo Comments
Technology

ChatGPT-like AI tools assisting cybercriminals to pull off shockingly effective online scams

[ad_1] Online scams are rising phenomenally, and some experts believe that it is about to explode even further. According to a report by Scamwatch, an online scam-monitoring website, a total of 257,392 cases have been reported by October 2023, marking a sharp increase from 2022's 239,237 cases. Cybercriminals have begun taking the help of generative AI tools such as ChatGPT to start campaigns at a much faster rate and they are making their fake claims much more believable, indicating they will easily fool the victim with their nefarious tactics. Earlier, this was a huge problem for cybercriminals.Speaking with CBS MoneyWatch, Michael Bordash, senior vice president of US-based telecom company Syniverse, said, “Unfortunately, criminals are getting much better at writing English. ChatGPT i...
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Deepfake Imposter Scams Are Driving a New Wave of Fraud
22Aug By adminNo Comments
Technology

Deepfake Imposter Scams Are Driving a New Wave of Fraud

[ad_1] Computer-generated children's voices so realistic they fool their own parents. Masks created with photos from social media that can penetrate a system protected by face ID. They sound like the stuff of science fiction, but these techniques are already available to criminals preying on everyday consumers.The proliferation of scam tech has alarmed regulators, police and people at the highest levels of the financial industry. Artificial intelligence in particular is being used to “turbocharge” fraud, US Federal Trade Commission Chair Lina Khan warned in June, calling for increased vigilance from law enforcement. Even before AI broke loose and became available to anyone with an internet connection, the world was struggling to contain an explosion in financial fraud. In the US alone, ...
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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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