Tips to Stay Safe from Scammers in the Age of AI

Scammers are adopting AI at a shocking pace, making it even more challenging for many to identify the signs.Harvard Business Review& reported that 60% of participants in a study had fallen prey to AI-powered phishing attacks and that using machine learning to create those scams saved scammers 95% of the cost of generating them. The& University of Virginia& reported that deepfake versions of people asking for money or sensitive information are becoming more common. With the ability to spoof virtually any phone number for a call and make voices sound like practically anyone they want, scammers have opened an entirely new world of possibilities — and it’s scary.& In February 2024,& scammers tricked& the CFO of a major company in Hong Kong into sending them $25 million via a fake video call with the company’s CEO. In this new age where it’s tough to tell what’s real and what’s not, how can you know if you’re being scammed? These tips are a great way to start.& Look for Telltale SignsThe person on the video call might look like your boss, or the person on the phone might sound like your son or daughter, but deepfakes are always imperfect copies of...