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 Message 1327 
 Mike Powell to All 
 AI is helping fraudsters 
 22 Apr 25 09:02:00 
 
TZUTC: -0500
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AI is helping fraudsters pump out scamming campaigns in minutes

Date:
Tue, 22 Apr 2025 11:00:00 +0000

Description:
What took scammers days can now be done in minutes thanks to Generative
Artificial Intelligence (GenAI).

FULL STORY

Sophisticated scam campaigns that used to take cybercriminals weeks to set up
can now pop up in minutes, Microsoft is warning. The difference? Generative
Artificial Intelligence (GenAI). 

The tools that emerged a few years ago, including ChatGPT, Copilot,
Midjourney, and many others have not just cut down on time needed to prepare 
a sophisticated internet scam, they have also lowered the barrier for entry
allowing even rookie fraudsters to prepare and run advanced campaigns. 

In the latest Cyber Signals report on AI assisted scams, Microsoft said that
cybercriminals are using GenAI for more than just phishing email copy. They
create deepfakes (usually fake videos of celebrities endorsing a project), 
and create AI-generated sham websites mimicking legitimate businesses. 

What used to take scammers days or weeks to create will now take minutes,
Microsoft warned. 

But at the end of the day, this is still just phishing and fraud - people can
mitigate the risk by taking it slow on the internet. Microsoft says the best
thing to do is not to be fooled with limited-time deals and countdown timers,
to only click on verified ads (many scam sites spread through AI-optimized
social media ads), and to be skeptical of social proof (scammers can use
AI-generated reviews, influencer endorsements, and testimonials to exploit
trust people have in social media). 

Finally, users should never provide personal or financial information to
people reaching out via unsolicited SMS or email messages. You should never
provide a Social Security number, banking details, or passwords to an
unverified employer, it said. 

Paying for a job opportunity is almost always a red flag. The best advice is
usually the simplest: if it sounds too good to be true, it probably is. 

Artificial intelligence will make internet fraud even more dangerous, but 
with a little common sense and a little care - it doesnt have to be
successful.

======================================================================
Link to news story:
https://www.techradar.com/pro/security/ai-is-helping-fraudsters-pump-out-scamm
ing-campaigns-in-minutes

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