Artificial intelligence greatly simplifies our lives, helps solve complex issues, but it is not always perfect; for this, it needs to be trained and create new opportunities. Artificial intelligence is not always used in the right direction; scammers often use it for their schemes to deceive people and earn dishonest money.
Although you can recognize when communication is with AI and when with a living person, it is important to be attentive on social networks, especially with new acquaintances.
AI Fraud
Artificial intelligence has elevated fraud to a higher level; with its help, villains create various schemes:
- computer deep fakes, i.e., photos where a person's face is placed on another body, for example, or places a person in a location they have never been. Photos made this way allow scammers to blackmail the victim;
- use voice forgery to imitate familiar, close, or relatives' voices; this way, they extract necessary information or money over the phone;
- conduct correspondence in chat bots, posing as either famous personalities or a familiar person with a demand for financial help;
- conduct correspondence on dating sites and marriage agencies on behalf of the opposite sex, behind which a scammer is hiding.
The main goal of all these actions is either to seize the victim's funds, force them to perform actions necessary for the scammer, or disclose personal or secret data.
Using a programmed topic of answers and questions, artificial intelligence can conduct a conversation at a human level, which confuses the opponent. A scammer controls this by setting the algorithm of actions and information, aiming to learn more about the victim using the bot. After that, they start an attack using social engineering methods
Artificial Intelligence in Scams
Artificial intelligence takes direct part in creating scam messages, advertisements, and mailings, possibly creating fake videos that talk about big earnings, for example, on cryptocurrency exchanges or trading platforms. Also, bright attractive advertising campaigns with photos showing fake income and profits, artificial intelligence helps scammers distribute phishing links to various users' addresses. Where you are offered to follow the link to a financial platform and enter your data for registration:
- cryptocurrency wallets;
- financial accounts;
- codes;
- email boxes;
- passwords, and so on.
Of course, all links turn out to be fake; if you use them and transfer money to the specified details, they will most likely end up in the scammer's account.
You need to check the information, not immediately register on the proposed platforms, but study their appearance and compare with other links. Artificial intelligence does not always correctly spell, for example, word declensions, so you can notice many grammatical errors on sites - this is also one of the signs of fraud on financial platforms.
New Fraud Schemes
One of the latest fraud schemes using artificial intelligence is voice imitation; artificial intelligence allows generating voices using special programs.
Scammers call the victim on behalf of a friend, acquaintance, relative, or close person, mostly with requests for financial help or to borrow money. Hearing a familiar voice, a person does not immediately realize that it is fake, generated by artificial intelligence, naturally believes the request, and provides help.
To avoid immediately becoming a victim of this scheme, it is recommended to find a pretext to call back the familiar number of the calling person. If the acquaintance insists on an urgent response and does not allow calling back, it is worth considering whether this is a real person.
The use of artificial intelligence for fraudulent purposes is one of the most unpleasant aspects of these technologies.
The awareness and sophistication of artificial intelligence allow it to successfully compose combinations, for example, for casino games. By luring the user to the casino platform using artificial intelligence, scammers show supposedly effective methods to beat the casino. The person becomes passionate and constantly deposits amounts and loses, thereby replenishing fake casino platforms and enriching the scammer.
Financial Risks
Participating in various internet projects always involves financial risk. You need to know the topic or have a good honest broker who will help calculate financial risks in the chosen investment method.
If it's trading on a financial platform, then you should either trust an experienced trader or learn on your own:
- the topic of trading;
- developing profit in cryptocurrency;
- using cryptocurrency wallets.
The risk of losing your investments is high in any business, so it is recommended to make the first transactions with small amounts, which will not affect losses as painfully. It should be understood that in any financial matter there is a possibility of risk to lose everything or, by taking a risk, to make a profit.