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GenAI, the future of fraud and why you may be an easy target

Fox News
Summary
Nutrition label

64% Informative

Since 2020 , phishing and scam activity has increased by 94% , with millions of new scam pages appearing monthly .

Experts estimate losses from AI -powered scams will reach $40 billion in the U.S. by 2027 .

Fraudsters use generative AI to "supercharge" existing techniques while enabling entirely new types of fraud.

With just three seconds of audio, fraudsters can create a convincing replica of your voice using AI .

As AI technology advances, gen-AI scams will only become more sophisticated.

As a precautionary measure, set up your own verification protocols to prevent fraud.

Choose strong, unique passwords for each account and enable 2FA on all accounts.

Use a strong antivirus software to protect yourself from malicious links that install malware, potentially accessing your private information.

VR Score

41

Informative language

26

Neutral language

29

Article tone

informal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

27

https://bolster.ai/blog/2024-state-of-phishing-statistics-online-scamshttps://www.instagram.com/kurtthecyberguy/https://cyberguy.com/security/outsmart-criminal-hackers-locking-digital-accounts/https://www.foxbusiness.com/apps-productshttp://cyberguy.com/Contacthttps://cyberguy.com/scams/protect-data-irs-scammers-tax-season/https://cyberguy.com/privacy/best-services-for-removing-your-personal-information-from-the-internet/https://cyberguy.com/security/reading-sketchy-scammer-email-dangerous-click-link/https://foxnews.onelink.me/xLDS?pid=AppArticleLink&af_dp=foxnewsaf%3A%2F%2F&af_web_dp=https%3A%2F%2Fwww.foxnews.com%2Fapps-productshttp://cyberguy.com/Newsletterhttps://www.youtube.com/c/KurttheCyberGuy?sub_confirmation=1https://cyberguy.com/security/best-antivirus-protection/https://cyberguy.com/protect-your-devices/what-is-two-factor-authentication-and-why-should-i-enable-it/https://cyberguy.com/kurts-picks/cyberguy-exclusive-coupons-and-dealshttps://cyberguy.com/contact/https://www.facebook.com/CyberGuyOfficial/https://cyberguy.com/newsletter/https://cyberguy.com/security/dont-click-that-link-how-to-spot-prevent-phishing-attacks-in-your-inbox/https://it.wisc.edu/news/ai-powered-scams-how-to-protect-yourself-2024/https://cyberguy.com/privacy/best-vpns/https://cyberguy.com/software/best-antivirus-protection/https://cyberguy.com/how-to/how-to-get-rid-of-robocalls-with-apps-and-data-removal-services/https://cyberguy.com/scams/fbi-warns-dangerous-smishing-scam-targeting-phone/https://cyberguy.com/Games_FAhttps://cyberguy.com/tech-tips-tricks/best-password-managers/https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-predictions/2024/deepfake-banking-fraud-risk-on-the-rise.htmlhttps://cyberguy.com/YouTube

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