How are financial fraudsters using Gen AI, and what can you do to protect yourself?
Generative AI text, photos, videos, and audio are used by criminals to defraud their victims. Here is what to look out for, and how to protect yourself
You may have received multiple warnings from your banks and other financial institutions about a surge in AI-driven crimes. In December 2024, the U.S. FBI issued a warning, stating that criminals are increasingly exploiting generative artificial intelligence (AI) to commit fraud on a larger scale, making their schemes more convincing.