Alexander Korf ☯️’s Post

😇 In a clever and humorous twist, UK telecom operator O2 has deployed “Daisy,” an AI-powered “Granny” designed to thwart fraudsters. This advanced AI scambaiter, inspired by YouTube scam-baiting legend Jim Browning, engages scammers in long-winded, human-like conversations, effectively wasting their time and protecting real customers. Daisy uses a blend of AI models for conversation and text-to-speech synthesis to spin tales about her knitting, fictitious family, and even phony bank details, keeping scammers on the line for up to 40 minutes. With 69% of Brits reporting scam attempts, Daisy is a creative addition to the fight against fraud. What a brilliant and oddly wholesome way to tackle such a frustrating issue! Daisy’s ability to turn the tables on scammers while embodying a lovable grandmother character is a stroke of genius. It’s satisfying to imagine fraudsters stuck listening to meandering tales about imaginary grandchildren while their malicious plans unravel. Beyond the entertainment, this is a testament to how technology can creatively address serious problems. #cybernews #cybersecurity #AI #AIscambaiter #antifraud #O2

⚡ Socure's Jordan Burris shared his thoughts in a Nextgov/FCW article regarding the fight against #AI-powered threats within the public sector, and how AI must be harnessed for good to win the race against AI-enabled fraud such as deep fakes. “In the public sector, government agencies have experienced a barrage of AI-driven fraud. This is because they are responsible for distributing billions of dollars and they often rely on outdated technology to do so… Now more than ever, we must employ the right technologies to protect people and safeguard the critical services that the government provides.” Learn more about how public sector companies can tackle #AI fraud: https://lnkd.in/dGtsCaPe

Exciting advancements in technology are making strides in the fight against telephone scams. Meet Daisy, a virtual grandmother developed by O2 in collaboration with renowned fraud expert Jim Browning. This innovative AI system is designed to engage phone scammers in realistic conversations, keeping them occupied and preventing them from targeting unsuspecting victims. Daisy's sophisticated capabilities allow her to simulate genuine dialogue using a synthesized voice that closely resembles that of an elderly woman. By holding scammers on the line for extended periods, Daisy collects valuable data that can enhance fraud prevention strategies while also serving as a deterrent for future scammers. Furthermore, Daisy plays an educational role by raising public awareness of common phone scam tactics, making it increasingly challenging for fraudsters to succeed. Discover how this cutting-edge technology is transforming the landscape of fraud prevention in our latest blog post. Read more here: https://ift.tt/OPSIFxb.

AI is revolutionizing fraud - but can we fight fire with fire? Tony Ball, President of Payment & Identity at Entrust, explores how Generative AI is fueling a new wave of sophisticated scams and how AI can be the answer. ▶ Deepfakes are on the rise, with a 3000% increase in attacks attempted in just one year. ▶ Fraudsters are using AI to create synthetic identities and launch more convincing phishing attacks. ▶ The good news? We can fight AI with AI. Advanced fraud detection powered by AI can identify subtle signs of fraud invisible to the human eye. By Tony Ball | President of Payment & Identity | Entrust Read more : https://lnkd.in/eQFeckkY #AI #fraud #security #GenerativeAI #deepfakes

Consumers 🌎 worldwide face a real crisis: navigating how to stay safe from identity theft and scams, especially in the wake of new advancements in #AI. Now, consumers are looking to the brands they already trust to help them mitigate the impact of these threats. Learn more about how you can protect your customers from scams in the age of AI by reading our #blog: https://bit.ly/4aXc64N #Scams #ScamProtection #IrisIDProtect

Signicat has revealed that organisations are concerned regarding the looming threat of #deepfake and artificial intelligence (#AI) fraud attacks. These concerns were found in Signicat’s latest report detailing the growing threat of AI to identity fraud and how key decision makers are experiencing more of these emerging attacks, with some believing that they are unprepared to tackle. https://lnkd.in/eC_CD_4p

It’s not the end of the fraud prevention world as we know it; it’s just the next stage. As Doriel Abrahams notes, AI is also in the hands of fraud fighters, who are already putting it to good use. Read more to stay ahead in the fight against AI-driven fraud.

Turning the Tables on Scammers with AI 🛡️🤖 🔍 What if AI could not just protect us from scams but waste scammers' time instead? That’s exactly what U.K. mobile network O2 has done with their innovative “AI Granny,” Daisy. Here’s how it works: ✅ Human-like Conversations: Daisy engages scammers with endless rambling about family, knitting, and even fake bank details. ✅ Time Wasting as a Defense: By keeping scammers on calls for up to 40 minutes, Daisy prevents them from targeting real victims. ✅ Built for Awareness: Launched during International Fraud Awareness Week, this creative approach sheds light on the importance of combating fraud. 🛠️ Developed in collaboration with YouTuber and scambaiter Jim Browning, Daisy leverages advanced AI models to simulate authentic conversations, proving that AI can be a powerful tool for disruption in unexpected ways. 👉 Key Takeaway: This initiative flips the script, showing how technology can creatively tackle fraud while protecting people. It’s a reminder to stay vigilant and innovative in the fight against scammers. 💡 What other creative uses of AI can you imagine for combating fraud? Let’s brainstorm in the comments! 👇 #ArtificialIntelligence #Innovation #CyberSecurity #FraudPrevention #AIForGood #ScamAwareness #TechForGood #InnovationInAction #AIApplications https://lnkd.in/g6mXXg6h

If you missed Jordi's presentation on stage at Money20/20 you should read this. Jordi shared : “Gen AI is just another wave. It can have positive things, helping companies to automate services for clients to become more personalised and being more efficient.  “But at the same time, gen AI is representing a new kind of fraud, it has monetised the identity of fraud. It can increase identity fraud with really easy, simple tools to use.” https://lnkd.in/etpTbaZH #Identity #Biometrics #Deepfake #GenAI

In a world where scammers are becoming more sophisticated, Virgin Media O2 has unleashed a powerful weapon against fraud: Daisy, an AI-powered chatbot with a twist! Daisy isn’t just any chatbot. She’s a tech-savvy grandmother who keeps scammers on the phone for HOURS, wasting their time and exposing their dirty tricks. By mimicking the voice of a sweet British granny, Daisy plays on scammers' biases and ties up their operations, protecting vulnerable targets from fraud. How Daisy Works: * Real-time Conversations: Using cutting-edge AI, Daisy engages in endless conversations, steering away from any sensitive info while keeping scammers frustrated with endless chatter about her cat, Fluffy, and her knitting projects. * 24/7 Scam Disruptor: Unlike humans, Daisy doesn’t need a break. She’s always ready to take a scam call and keep them occupied—reducing the chance of others falling victim. * Exposing Scam Tactics: Daisy's long chats help reveal the fraudsters' strategies, educating users on how to avoid falling for similar scams. Watch Daisy in action as she outsmarts scammers and leaves them with nothing but wasted time. Watch the full video in O2's Youtube channel!! Join the fight against fraud with Daisy and see how AI can be used for good! 🙌 #AI #ScamPrevention #FraudPrevention #CyberSecurity #TechForGood #Innovation #ArtificialIntelligence #DigitalSafety #ConsumerProtection #Scambaiting #ScamAware #AIForGood #FraudFighter #SecurityInnovation #VirginMediaO2 #ScamAwareness #SmartTech