It has become easier to edit photographs, videos, and sounds of friends and family members because of the growing popularity and acceptance of artificial intelligence (AI) applications. Recently, it was reported that cybercriminals are tricking people by using voice technology based on artificial intelligence. According to recent research, 83% of Indians lost money due to such acts of fraud, making India the nation with the most significant number of victims. Continue Reading.
Fraudsters Taking Advantage Of AI
Fraudsters are using artificial intelligence (AI) to imitate the voices of distraught family members, and many Indians are falling for these frauds. According to a McAfee study, most (69%) Indians cannot distinguish between an authentic human voice and an artificial intelligence-generated one.
Additionally, the “The Artificial Imposter” survey finds that almost half (47%) of Indian individuals have fallen victim to an AI speech fraud themselves or know somebody who has. Nearly twice as much as the global average (25%).
Online Vocal Fraud
“With only three seconds of audio needed to duplicate a person’s voice, AI technology is contributing to an increase in online vocal frauds. According to the report, the study involved 7,054 participants from seven nations, including India.
A McAfee investigation found that 83% of Indian victims of AI voice frauds reported financial losses, with 48% reporting losses of more than 50,000. Steve Grobman, CTO of McAfee, emphasized that artificial intelligence has much potential. Hackers may also use AI for bad. He continued by saying that scammers have been able to scale up their operations and make their schemes even more convincing because of the accessibility and ease of AI tools.
Cybercrime Via AI
The uniqueness of each person’s voice makes it a biometric fingerprint that demonstrates authenticity. Voice duplicating has become a powerful tool for cybercriminals because of the widespread usage of 86% of Indian people exchanging their audio content online or via recorded notes for a minimum of each week (on social networks, voice notes, etc.).
The majority (66%) of Indian survey respondents, according to McAfee, acknowledged that they would reply to a voicemail or voice note that purportedly came from a friend or relative in dire need of money right away, especially if it was purportedly from a member of their family (46%), partner/spouse (34%), or child (12%).
People are becoming more skeptical about the validity of internet content due to the prevalence of counterfeits and fake news. According to the study, 27% of Indian adults no longer trust social media sites, and 43% are concerned about the spread of false or misleading information.
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