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AI Scammers Are Creating More Believable Schemes in 2025. Here's How to Stay Safe

Jan 14, 2025 - cnet.com
Artificial intelligence (AI) is increasingly being used by cybercriminals to enhance their fraudulent activities, leading to significant financial losses. In 2023, AI-generated content contributed to over $12 billion in fraud losses, with projections suggesting this could rise to $40 billion by 2027. AI enables cybercriminals to conduct sophisticated phishing attacks, create synthetic identities, and execute deepfake scams. These technologies allow scammers to bypass traditional security measures, making it easier to steal personal data and deceive individuals and businesses.

To protect against AI-assisted scams, individuals are advised to adopt multiple layers of security, such as multifactor authentication, credit monitoring, and identity theft protection. Critical examination of online content, verification of communications, and the use of security tools like hardware security keys and password managers are recommended. Awareness of deepfake indicators, such as unusual voice or video characteristics, is also crucial. As AI technology advances, staying informed and cautious remains essential to safeguarding personal information.

Key takeaways:

  • AI is increasingly being used by cybercriminals to enhance phishing attacks and create realistic scams.
  • Synthetic identity fraud and deepfake scams are becoming more prevalent due to AI advancements.
  • AI can create believable fake documents, posing challenges for identity verification.
  • To protect against AI-assisted scams, use multifactor authentication, verify correspondence, and consider using a password manager and hardware security keys.
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