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AI-Powered Scams: How Artificial Intelligence is Fueling Online Fraud

AI-Powered Scams: How Artificial Intelligence is Fueling Online Fraud

Artificial Intelligence (AI) has simplified life, but it has also led to an increase in online fraud and scams. Scammers are using AI to create voice clones, deepfake videos, and fake websites to deceive people. Experts say that the general public should be aware of this rapidly growing threat and exercise caution.

AI Scams: Artificial Intelligence (AI) technology is now being used for online scams and fraud. Across the world, including in India, scammers are using AI tools to create voice clones, deepfake videos, and fake websites to trap people. This fraud is specifically targeting the elderly and social media users. Experts say that this technology is developing rapidly, and the general public can easily fall prey to it. Therefore, it is important to be aware of the risks of AI along with its benefits.

AI Fraud Threat and Caution Needed

Artificial Intelligence (AI) has made our lives easier and the digital world smarter, but along with this, scammers and fraudsters are also using it for increasing fraud and scams. Experts say that through generative AI and advanced software, fraudsters not only steal personal information but also analyze companies' security systems to find new ways to deceive them. Because of this, both the general public and businesses are at risk.

AI-based fraud is increasing rapidly. Scammers now trap people with attractive offers, fake services, or links on social media. Those committing fraud through this technology are constantly discovering new methods. Therefore, it is not enough to only know the benefits of AI; it is also necessary to be aware of its potential risks and methods of fraud.

Voice Cloning Scam

AI tools can now perfectly mimic a person's voice. Scammers target the elderly by making calls and pretending to be their grandchildren or a family member, asking for money. In such frauds, the elderly get confused and become victims of scams.

Experts warn that this trend is growing rapidly. The increasing cases of voice cloning fraud are having a serious impact on digital security. The elderly are advised to be cautious of such calls and not to share any financial information.

Deepfake Videos and Fake Websites

Deepfake videos, which are generated by AI technology, have now become a major weapon for scammers. People look completely real in these videos, especially when a cloned voice is added. Fraudsters often use deepfake videos of celebrities to lead people to misleading websites and steal personal information.

In addition, fake websites are being created using AI. Scammers share links via email and social media. These fake online stores attract people by showing limited-time sales and huge discounts. By stealing payment details entered during purchases, scammers can empty accounts.

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