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Scammers Are Using AI to Target You — Don’t Get Caught Off Guard

NerdWallet·Kimberly Palmer·about 1 month ago
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SOME CARD INFO MAY BE OUTDATED This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer. AI tools are making it easier than ever for scammers to defraud consumers. The FBI reports that cybercrime is on the rise, reaching over 1 million complaints last year for a total of $20.877 billion in losses. That’s a 26% increase in losses over the previous year. Understanding how scammers work can make it easier to avoid their tricks . “There has never been more fraud and more different types of fraud than there is now, and the primary factor is the availability and accessibility of AI tools,” says Mason Wilder, a certified fraud examiner and research director at the Association of Certified Fraud Examiners. Think about how easy AI makes the tasks you do. Scammers are using these tools to impersonate known people on audio and video.…

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