archiveAI fraud

In a startling case that highlights the rising threat of AI-powered fraud, Brazilian authorities have uncovered a sophisticated scam leveraging deepfake technology. Scammers created AI-generated videos and images of supermodel Gisele Bündchen and other celebrities to promote fake products and giveaways on Instagram. The operation defrauded thousands of unsuspecting users,...

In a chilling reminder to companies and everyday people alike, Microsoft has disclosed alarming new statistics about the sudden proliferation of AI-enabled scams. According to the tech giant, its security teams have blocked more than $4 billion in attempted fraud over the past year alone, a sum that offers a...