A Compilation of Noteworthy Tech Stories from Around the Web This Week (Through February 24)

A Compilation of Noteworthy Tech Stories from Around the Web This Week (Through February 24) Technology is constantly evolving, and...

Judge Criticizes Law Firm’s Use of ChatGPT to Validate Charges In a recent court case that has garnered significant attention,...

Judge Criticizes Law Firm’s Use of ChatGPT to Justify Fees In a recent court case, a judge expressed disapproval of...

Title: The Escalation of North Korean Cyber Threats through Generative AI Introduction: In recent years, North Korea has emerged as...

Bluetooth speakers have become increasingly popular in recent years, allowing users to enjoy their favorite music wirelessly. However, there are...

Tyler Perry Studios, the renowned film and television production company founded by Tyler Perry, has recently made headlines with its...

Elon Musk, the visionary entrepreneur behind companies like Tesla and SpaceX, has once again made headlines with his latest venture,...

In today’s rapidly evolving technological landscape, artificial intelligence (AI) has become an integral part of our daily lives. From voice...

Nvidia, the renowned American technology company, recently achieved a significant milestone by surpassing a $2 trillion valuation. This achievement has...

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Introducing Mistral Next: A Cutting-Edge Competitor to GPT-4 by Mistral AI Artificial Intelligence (AI) has been rapidly advancing in recent...

In recent years, artificial intelligence (AI) has made significant advancements in various industries, including video editing. One of the leading...

Prepare to Provide Evidence for the Claims Made by Your AI Chatbot Artificial Intelligence (AI) chatbots have become increasingly popular...

7 Effective Strategies to Reduce Hallucinations in LLMs Living with Lewy body dementia (LLM) can be challenging, especially when hallucinations...

Google Suspends Gemini for Inaccurately Depicting Historical Events In a surprising move, Google has suspended its popular video-sharing platform, Gemini,...

Factors Influencing the 53% of Singaporeans to Opt Out of Digital-Only Banking: Insights from Fintech Singapore Digital-only banking has been...

Worldcoin, a popular cryptocurrency, has recently experienced a remarkable surge in value, reaching an all-time high with a staggering 170%...

TechStartups: Google Suspends Image Generation in Gemini AI Due to Historical Image Depiction Inaccuracies Google, one of the world’s leading...

How to Achieve Extreme Low Power with Synopsys Foundation IP Memory Compilers and Logic Libraries – A Guide by Semiwiki...

Iveda Introduces IvedaAI Sense: A New Innovation in Artificial Intelligence Artificial Intelligence (AI) has become an integral part of our...

Artificial Intelligence (AI) has become an integral part of various industries, revolutionizing the way we work and interact with technology....

Exploring the Future Outlook: The Convergence of AI and Crypto Artificial Intelligence (AI) and cryptocurrencies have been two of the...

Nvidia, the leading graphics processing unit (GPU) manufacturer, has reported a staggering surge in revenue ahead of the highly anticipated...

Scale AI, a leading provider of artificial intelligence (AI) solutions, has recently announced a groundbreaking partnership with the United States...

Nvidia, the leading graphics processing unit (GPU) manufacturer, has recently achieved a remarkable milestone by surpassing $60 billion in revenue....

Google Gemma AI is revolutionizing the field of artificial intelligence with its lightweight models that offer exceptional outcomes. These models...

Artificial Intelligence (AI) has become an integral part of our lives, revolutionizing various industries and enhancing our daily experiences. One...

Iveda introduces IvedaAI Sense: An AI sensor that detects vaping and bullying, as reported by IoT Now News & Reports...

How a Scammer Used Face-Swapping AI to Deceive and Steal $600,000 from a Man

In recent years, the rise of artificial intelligence (AI) has brought about many advancements in various fields. However, it has also given rise to new forms of cybercrime. One such example is the use of face-swapping AI to deceive and steal money from unsuspecting victims.

In 2019, a man from the United Kingdom fell victim to a scammer who used face-swapping AI to impersonate his boss. The scammer used deepfake technology to create a video of the victim’s boss asking him to transfer $600,000 to a bank account in Hungary. The victim, who believed he was communicating with his boss, transferred the money as requested.

The scammer used a technique called “voice cloning” to mimic the voice of the victim’s boss. This involved using AI algorithms to analyze the boss’s voice and create a digital replica that could be used to generate new audio recordings. The scammer then combined this with the deepfake video to create a convincing impersonation.

The victim only realized he had been scammed when his real boss contacted him about the missing funds. By then, it was too late to recover the money, and the victim was left with a significant financial loss.

This incident highlights the dangers of deepfake technology and how it can be used for malicious purposes. Deepfakes are becoming increasingly sophisticated, making it difficult for people to distinguish between real and fake videos or audio recordings.

To protect yourself from deepfake scams, it is essential to be vigilant and cautious when receiving requests for money or sensitive information. Always verify the identity of the person making the request through multiple channels, such as phone calls or in-person meetings. Additionally, be wary of any requests that seem unusual or out of character for the person making them.

In conclusion, the use of face-swapping AI to deceive and steal money is a growing concern in today’s digital age. It is crucial to stay informed and take necessary precautions to protect yourself from falling victim to such scams. By being vigilant and cautious, you can avoid becoming a victim of deepfake technology and keep your finances and personal information safe.

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