Beware: Latest AI Scams !

Beware:  Latest AI Scams !

AI [ARTIFICIAL INTELLIGENCE] has come and it's everywhere!  More than that, it is reaching latest unprecedented heights, which, for lack of a better adjective, are terrifying updates [call it PROGRESS] of AI.  You might ask, what is there to be Beware about the latest AI scams !  The past months, I did hear about AI voice cloning and that caused me to fall off my chair but hold your breath for the latest AI scam📌📌📌

In today's Channelnewsasia commentary titled "A US $25 million Hong Kong deepfake scam shows new AI risks in video calls".  How did the scammers pull off this feat?  Oh Oh, these scammers used artificial intelligence to disguise themselves on a video conference and swipe US $25 million from a Hong Kong-based company.  So, the perplexing question is:  How is ARTIFICIAL INTELLIGENCE going to the next level?  Let's take a step back.  When did this ZOOM calls got introduced into our lives?  Remember, ZOOM calls all started when we were all got locked down by Covid-19 pandemic❎❎❎

And to see that these AI SCAMS did not come from a BIG BANG thing, it modestly started when we heard about SCAMS, it was revolving around voice cloning.  So, at that point, we were alerted and oriented how to spot and detect phishing emails and resist the urge to click on some dodgy attachments.  Of course, despite all our awareness, hackers, fraudsters and scammers need just one person out of hundreds to inadvertently download a malware needed to 'tunnel' into a corporate network💎💎💎

Ironically, much as the quantum leaps in technology brought us forward way beyond the brick and mortar days, with ARTIFICIAL INTELLIGENCE-powered video tools, they have broken ground and achieved breakthroughs [if we may ironically call it such] by moving into territories we all [wrongly] thought to be considered SAFE enough.  WHAT this tells us are the significant strides DEEPFAKE TECHNOLOGY has really developed, all within the past one year.  And while it seems to be more science fiction than anything else, these elaborate frauds are now relatively easy to set up.  Scary indeed💧💧💧

Our takeaway?  Let's NOT be complacent at all, just because maybe you've never been a scam victim [YET] because, knock on wood, all these deepfake scams will hit hard on us at those moments when we feel either relaxed or just so cockily confident.  How scary things can be?  Go to Google now and openly, it gives the step-by-step guide how to create a deepfake video.  Scary days indeed.  Let's be wary of all these😌😌😌