Clever traps! How do scammers use artificial intelligence to trick you?

The Binance platform, the largest cryptocurrency exchange in the world, was recently subjected to a cyber attack targeting digital assets valued at approximately $6.3 billion.

Although Binance confirmed that users' funds were still "safe" and that it would bear all losses resulting from the "security incident", this complex attack once again brought back talk about Internet fraud and privacy, especially with the increasing reliance on artificial intelligence.

Your data is at risk!

The German magazine "Focus" pointed out that hackers target email and bank accounts, as artificial intelligence helps them carry out fraud attempts at any time and around the clock.

Cybersecurity company Avast says that several servers and digital services have been subjected to cyber attacks over the past few weeks. Customer data stolen during these attacks may be used to launch a new wave of fraud.

The "oe24" website indicated that the primary goal of hackers is extremely dangerous, as they try by various means to obtain secret login data for personal email inboxes and online banking accounts. He added that if they succeed, the victims will not only lose complete control over their digital identity, but may even face complete financial collapse.

Artificial intelligence makes the job easier!

Alexander Vukcevich, director of cyber safety technology at the famous Avast company, said: “Criminals are exploiting current news as a means to lure victims. Therefore, extreme caution must be taken when receiving emails.” He added: "There is no reliable entity that requires you to provide login data or secret codes via an electronic link."

Focus magazine believes that the biggest concern lies in the speed with which fraudsters can carry out their attacks. AI-powered programs scan databases around the clock, targeting large numbers of potential victims at the same time.

In this regard, Alexander Vukshevich said: “The human hacker’s working day may end at some point, but the artificial intelligence agent does not sleep, does not give up, and targets thousands of websites at the same time.”

Fake emails and websites often look very real. While it is difficult to notice small differences in sender addresses. The information technology company "In Goose" says that fraudsters also use voice cloning techniques, where the voices of employees or officials in companies can be imitated, which prompts some workers to make financial transfers or reveal login data and confidential information.

How to protect yourself?

Despite the current threats, consumers should remain calm and review their account settings. The "oe24" website believes that there are several simple and effective steps to protect against electronic fraud.

Among these steps is reviewing links, where you must verify your Google or Apple account and email providers, in order to know which external applications and artificial intelligence tools you have access to. Then revoke the permissions of old services that you no longer use.

Also, do not click on links, as you should not access online banking sites or other sensitive services through links found in emails or SMS messages. Rather, you should manually write the site address in the browser bar.

Also, adhere to password security rules, as a different and unique password must be used for each online service. This is the only way to prevent a single password from compromising all your other accounts.