AI-Powered Scams: Your Voice, Their Money

AI is making it easier than ever for scammers to steal your money. Criminals are using artificial intelligence to clone people’s voices, making it seem like a loved one is calling and asking for money. This classic scam is now supercharged with AI, making it much harder to spot.

How it works:

  • Voice cloning in seconds: Experts say it only takes a few seconds to create a fake voice using AI.
  • Targeting banks: Scammers can use these cloned voices to trick voice recognition systems used by banks, allowing them to access accounts.

The problem is growing:

  • Deloitte predicts $30 billion in AI-related fraud by 2027. This is a huge jump from $12.3 billion in 2023.
  • The FBI warns about the dangers of sharing personal information online. Even seemingly harmless photos and videos can be used by scammers to create fake content.

What you can do:

  • Be cautious about sharing personal information online.
  • Be wary of calls from people claiming to be loved ones asking for money.
  • Verify any requests for money with the person directly.

AI is a powerful tool, but it’s also being used for malicious purposes. Be aware of the risks and take steps to protect yourself. /p>