5 AI Scams You Should Watch Out For
The Rise of AI Scams: A Growing Threat to Consumers Artificial intelligence (AI) scams have evolved into a sophisticated menace, endangering the financial security of consumers across the globe. Recent data from the savings marketplace Raisin reveals that in just the first quarter of 2024, AI scams have cost British consumers a staggering £1 billion. […]
Scammers Employ Voice-Cloning AI to Defraud Man of $25,000
The Rise of AI-Driven Scams: A Cautionary Tale from Los Angeles In a chilling reminder of the evolving landscape of fraud, a man from Los Angeles, identified only as Anthony, recently fell victim to a sophisticated scam that leveraged artificial intelligence to replicate his son’s voice. This incident, which resulted in a staggering loss of […]
New Gmail Security Warning for 2.5 Billion Users Amid AI-Driven Hacking Concerns
A New and Dangerous AI Threat for Gmail Users As technology advances, so do the tactics employed by cybercriminals. Recently, a new wave of AI-driven scams targeting Gmail users has emerged, raising alarms among cybersecurity experts and users alike. With over 2.5 billion Gmail accounts in existence, it’s no surprise that hackers are honing their […]
FTC Takes Action Against Companies Misusing AI Hype – CyberNews.com
FTC Cracks Down on Companies Abusing AI Hype In recent years, artificial intelligence (AI) has surged to the forefront of technological innovation, capturing the imagination of businesses and consumers alike. However, with this rapid growth has come a wave of misinformation and exaggerated claims about AI capabilities. The Federal Trade Commission (FTC) has taken notice, […]
REVEALED: The Role of AI Chatbots in Educating Criminals on Money Laundering and Scamming Tactics
The Dark Side of AI: How Chatbots Are Empowering Fraudsters In an alarming revelation, it has come to light that free artificial intelligence chatbots are being exploited by fraudsters to learn the ins and outs of scamming and money laundering. This disturbing trend has been highlighted by Money Mail, which reports that these so-called "AI […]
Torq Secures $70 Million to Enhance AI-Driven Cybersecurity Solutions
Torq Secures $70 Million to Propel AI-Driven Cybersecurity Solutions In a significant move to enhance its position in the cybersecurity landscape, Torq has successfully raised $70 million in a Series C funding round. This financial boost is aimed at expanding its artificial intelligence (AI)-first hyperautomation solutions, which are designed to address the evolving challenges in […]
Torq Secures $70 Million to Enhance AI-Driven Cybersecurity Solutions
Torq Secures $70 Million to Propel AI-Driven Cybersecurity Solutions In a significant move to enhance its position in the cybersecurity landscape, Torq has successfully raised $70 million in a Series C funding round. This investment is set to fuel the company’s ambitious plans to expand its artificial intelligence (AI)-first cybersecurity hyperautomation solutions. With the increasing […]