The rise of AI: Fraud in the digital age

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Summary:

Artificial intelligence (AI) has revolutionized many aspects of life, but it has also enabled fraudsters to create more convincing scams. According to Statistics Canada, fraud cases in Canada have almost doubled over the past decade. AI can be used to produce fake texts, emails, and voices, as well as create fake images, audio, and videos. Fraudsters may use AI to impersonate companies or individuals to promote fake products or services, generate fake investment opportunities, and create convincing fake reviews. To protect yourself from AI-generated scams, watch out for red flags such as unusual body movement in videos, inconsistencies in language, and websites that mimic real companies. Additionally, trust your instincts, verify website authenticity, stay informed about AI and frauds, and report suspicious content to relevant authorities.