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"Beware: the Latest A.I. Scam Could Cost You Thousands" - Credit: Slate

Beware: the Latest A.I. Scam Could Cost You Thousands

As technology continues to evolve, so do the ways in which criminals can scam unsuspecting victims. One of the latest scams involves artificial intelligence (AI) voice impersonations that are used to manipulate people into giving away personal information or money. It’s important for everyone to be aware of this new type of fraud and take steps to protect themselves from becoming a victim.

AI-based voice cloning is a relatively new technology that allows someone with access to AI software and audio recordings of your voice to create an exact replica of it. This means they can use your own words and inflections when speaking on the phone or over other communication channels, making it difficult for you or anyone else listening in on the conversation to tell if it’s really you talking or not.

The most common way these scammers use AI-generated voices is by calling potential victims pretending to be from their bank, credit card company, utility provider, etc., asking them for sensitive information such as account numbers and passwords. They may also ask for payment details like credit card numbers or even wire transfers in order to “verify” accounts or process payments. In some cases, they may even threaten legal action if their demands aren’t met quickly enough.

Fortunately, there are several steps you can take right now in order protect yourself against these types of scams:

• Be wary of any unsolicited calls claiming to be from banks or other financial institutions – always hang up immediately if something doesn’t sound quite right;

• Don’t give out any personal information over the phone unless you have verified who is actually calling;

• If possible, try using two-factor authentication whenever logging into online banking services;

• Never provide payment details via email links sent by unknown sources;

• Always check URLs before clicking on them – look out for typosquatting where malicious websites will mimic legitimate ones but with slight variations (e.g., www .bankofamerica .com vs www .bamkofamerica .com);

• Install anti-virus software onto all devices connected online including smartphones and tablets;

• Use strong passwords containing at least 8 characters including upper/lowercase letters plus symbols/numbers;

• Regularly update all installed applications as well as operating systems on computers/devices connected online;
• Monitor bank statements regularly for suspicious activity and report anything unusual straight away;
• Consider setting up alerts with banks so that notifications are sent each time transactions occur above certain thresholds set by yourself – this could help detect fraudulent activities sooner rather than later!
Finally, remember that no one should ever feel pressured into providing confidential data over the phone – always trust your instincts! If something feels off then don’t hesitate in hanging up immediately without providing any further information whatsoever!
By taking proactive measures such as those outlined above we can all help reduce our chances of falling prey to these increasingly sophisticated AI voice scams – stay safe everyone!

Original source article rewritten by our AI: Slate

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