Enfortra’s Post

As technology advances, the fraud threat landscape evolves with it. The article below from the WSJ highlights one new threat resulting from advancements in #AI: voice cloning as means to authenticate fraudulent money transfers. https://lnkd.in/e4tGRM25

⚠️THIS COULD HAPPEN TO ANYONE Please watch this video in its entirety and then send it to your friends and family immediately. #AI voice #scams can be concerning as they leverage #technology to deceive individuals. Now more than before, as AI evolves, with the recent launch of #GPT-4o, it's very important to understand that with these advancements, which are going to be extremely helpful, the Risks have doubled, too. These scams can range from impersonating trusted figures to manipulating audio recordings. It's essential to be cautious and verify requests, especially if they involve sensitive information or #financial transactions. Stay informed about common scams and adopt security measures to minimize the risk of falling victim to AI voice scams.

Scams are becoming increasingly pervasive. According to the FBI's 2023 Internet Crime Report Americans lost a staggering $12.5 billion to internet scams in 2023 alone. Discover how Mastercard is leveraging AI powered identity insights and real-time analysis of transaction elements to empower organizations and protect consumers across a growing spectrum of scams. Together we can create a trusted digital world. https://mstr.cd/46HDSl6 #DigitalIdentity #CyberRisk #DigitalIdentity #AI #ArtificialIntelligence

🚨 Is Voice Cloning Beyond Our Control? 📢 Voice cloning has become a tool for fraud, with celebrities like David Attenborough and Jennifer Aniston finding their voices misused by scammers. Experts warn that as technology advances, laws aren't keeping pace. 😲 Voice scams surged by 30% in the UK last year! The emotional impact of a voice is often lost in AI mimicry, making it easier for fraudsters to deceive unsuspecting victims. This poses serious questions about privacy and ethical use of AI. 🎙️ We must urge governments to regulate this technology before it leads to more serious issues. How can we protect ourselves from this rapidly evolving threat? Let’s discuss! 💬 #AI #VoiceCloning #Scams #DigitalEthicshttps://lnkd.in/eC2PjwiY #AI,#VoiceCloning,#Scams,#DigitalEthics

The Wall Street Journal reports how AI makes it challenging to identify robocall scammers. With generative AI, scammers create a more accurate imitation of victims’ voices and avoid traditional signs of a scam. Learn more: https://bit.ly/3XMrlKx #Scams #Robocalls #AI

It's getting harder for criminals to take advantage of the federal government thanks to AI. The treasury department quietly rolled out AI detection systems in 2022 to help identify financial crimes and this week it revealed the results. So far, those programs have uncovered more than 4-billion dollars in fraud and more than 1-billion has been recovered just this year-triple the amount in 2023. What does that mean to you? In the comments is an overview of the AI systems used and what you can expect to see in the future. #AI #financialcrimes #taxattorney #RJSLAWFirm

Scams are becoming increasingly pervasive. According to the FBI's 2023 Internet Crime Report, Americans lost a staggering $12.5 billion to internet scams in 2023 alone. Discover how Mastercard is leveraging AI powered identity insights and real-time analysis of transaction elements to empower organizations and protect consumers across a growing spectrum of scams. Together we can create a trusted digital world. https://mstr.cd/46C6LyV #DigitalIdentity #AI #FraudProtection #Mastercard

Our latest BioCatch white paper delves into the threats posed by #AI powered scams ⤵️ • In 2023 alone, consumers worldwide lost billions of dollars to these scams, causing immense personal, emotional, and economic damage; • New AI tools only amplify this global menace; • It's clear traditional methods aren't enough; • AI has changed the game. To keep up, fraud fighters must also adapt. Discover how to stay ahead and protect your customers: https://okt.to/Ddo27c #FinancialCrime #BankingIndustry

Sift’s latest report reveals that over half of surveyed businesses are seeing AI-powered fraud attacks daily or weekly, and almost 70% of consumers say it has become increasingly difficult to spot scams. Read the full report for more: https://buff.ly/4ezLjyb #AI #FraudPrevention #AIFraud #NewReport #FraudTrends #FraudData #AIPowered #GrowFearlessly

The development of AI voice cloning technology has revolutionized fields such as voice synthesis and personalized services. However, the dual-edged nature of this technology has also led to a rise in fraud activities based on AI voice cloning, with increasingly varied and rampant methods. How Fraudsters Use Cloned Voices Impersonating Companies or Individuals: Fraudsters might call or leave voice messages pretending to be trusted entities, such as banks, companies, friends, or family members, to trick victims into sharing personal information or transferring money. Manipulating Others: Fraudsters might impersonate the target to manipulate others into taking specific actions, such as transferring funds or disclosing sensitive information. Conducting Fake Transactions: Fraudsters may impersonate the target to place orders or conduct transactions over the phone, thereby carrying out fraudulent activities. #voicecloning #Antifraud  #Dingxiang  #DEEPFAKE #AI https://lnkd.in/geCK98R7