How your money can be stolen by deepfakes, AI scams, and other cyber crimes - Laxman Baral Blog

How your money can be stolen by deepfakes, AI scams, and other cyber crimes Since November 30, 2021, the talk of artificial intelligence (AI) tools has skyrocketed all over the world. The AI tool got the most talk after OpenAI released ChatGPT, which answers questions like a human. After the advent of ChatGPT, other tools were also released. Some have developed a tool to create photos based on words, while others have brought a tool to the market to create videos based on words.

In view of this issue, the well-known antivirus manufacturer McAfee has released a report on what risks may be caused by AI in 2024. Before the popular social network Tiktok was banned in Nepal, the voices of celebrities created by AI went very viral. Especially Prime Minister Pushpa Kamal Dahal ‘Prachanda’ and former Prime Minister KP Sharma Oli played double.

Such sounds and videos are going viral not only in Nepal but all over the world. Videos and photos with AI-generated voices are being used for scams. Deepfake technology has such an ability that it is possible to distinguish whether any activity is done by the same person or someone else’s face is attached to his face.

AI scams on social media

In 2024, AI will make cybercriminals use social media to suit their needs and change the perception of the general public. They can cheat the general public by using the names, photos, and videos of influencers and famous people in particular.

Cyber Bullying

The report warns that the risk of cyberbullying will also increase due to fake technology. There is an increased risk that young people may use this tool not only for entertainment but also to prepare fake content.

Fraud by asking for help or subsidy

If a famous person or social activist appeals for help or a grant, there are many people who are ready to help. Especially when someone is suffering, a new social project is being worked on, or someone needs to be helped, a kind person is ready to help.

Risk of spreading dangerous malware

AI tools have become so powerful that people who know how to use them can create powerful malware. With the help of deepfakes, scammers can spread malware and steal sensitive data or money from users. The report mentions that such a risk will increase significantly in 2024.

Fraud in the name of the Olympics

Scammers can use deepfake technology to defraud online consumers targeting the 2024 Olympic Games. Scammers can use deepfake technology to trick people who want to buy tickets in advance, book travel, get access to new content, and participate in giveaways.

However, the scammers are not able to do so much work that even by looking at the language used in the email sent by them, it could be distinguished whether the email is official or not. However, now, with the help of AI, articles can be written in a more pure and classy language than experts.

It has been warned that it will be difficult to distinguish between the possible risks and how to avoid them.

Conclusion

Some content creators were using unwanted, necessary things to do while using AI tools. AI tools use the right way to use them. Some people will fall victim to scams with AI tools, with which they can share a lot of things to do.

Some users will be falls in using social media. Some of the users will be falling into the scam user side to get a connection there. But mostly the people will be things before whole you join it out there. 

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