AI scams

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…

 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. …

Three seconds of audio is all it takes to create a voice clone that is virtually indistinguishable from the real voice, a technological advancement that is as worrying as it is thrilling because it can be put to malicious use to defraud people, said experts.Voice clones or deepfakes have emerged as the latest tool for cyber scammers, they said, as artificial intelligence (AI)-related scams are being increasingly reported from different parts of the country.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Artificial intelligence-generated frauds such as deepfake media shall potentially increase risks of identity theft, phishing scams, and cyber bullying among children, cybersecurity solutions firm McAfee has said in its predictions for 2024.“From phishing emails so real that even the experts will have trouble telling fact from fiction to deepfakes that could impact everything including the future of our children, and beyond, it has never been more important for people to be educated about the threat landscape,” said Steve…

Over the last few months, the adoption of artificial intelligence (AI) has been rapid. The world's biggest tech companies have made efforts to incorporate this technology into their suite of products, making the user experience a lot more convenient. However, the rapid advancements in AI have also given rise to AI scams. Yes, even the cybercriminals have jumped on the AI bandwagon. There have been several instances where threat actors have defrauded the victim by using deepfakes or fake voices. And now shocking details…

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…

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…