Ronen Lago, veteran cybersecurity leader and board advisor, shares his perspective on the growing risks of AI”‘driven fraud and what CISOs can do to counter them. I’ve been tracking cybercrime for decades, but I’ve never seen the velocity of innovation from bad actors match what we’re experiencing today. A recent report from the Israel Internet Association (ISOC-IL) on “Algorithmic Scams” has uncovered hundreds of incidents where generative AI was leveraged to produce highly realistic deepfake video and image ads on platforms like Facebook, Instagram, and TikTok, often featuring prominent public figures encouraging viewers to “invest” in fraudulent schemes. What’s remarkable (and deeply concerning) is that these campaigns don’t stop at social media. The same criminals recycle the personas, scripts, and AI”‘generated content into spear”‘phishing emails, business email compromise (BEC) attempts, and voice scams targeting both consumers and enterprises.
First seen on securityboulevard.com
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