Protect Yourself from GenAI-Driven Cyber Scams!

Cybercriminals are using AI to their advantage and how! 

Armand here, RPost’s armadillo product evangelist. My message today is stating the obvious, AI is everywhere – or at least everyone is trying to figure out how to use it to their advantage.

Well, the cybercriminals have. Last year, they tricked people into mis-sending (sending to them) $2.9 billion. In the real estate sector alone, US home buyers mis-sent approximately $500 million last year.

By “accidentally sent”, we mean that cybercriminals tricked people into sending invoice payments, home closing down payments, and transactional payments to their accounts rather than the proper recipient.

And now, enter GenAI cloning.

Losses today have been with traditional trickery. With cybercriminals now using GenAI, it will be the exception when someone is not fooled.

To prepare for this chaos, I recommend joining RPost’s webinar on AI Meets Cybersecurity.

Rather than repeating the newfound cliché that AI will create incredible propaganda and investment opportunities, in this webinar session, RPost and a former NSA executive will provide a futurist (not way in the future but in the future this year) perspective of what the world will look like considering the ability of AI to digitally “clone” you, your supplier seller, your customer buyer, your client, your mentor, your hero, or your adversary. We will present real-world examples of AI use by the good guys and AI use by the dark side.

As Warren Buffett remarked at his recent annual meeting: "Obviously, AI has potential for good things too, but based on the one [deep fake scam] I saw recently, I practically would send money to myself over and over to some crazy country.” Buffet went on to say, referring to AI-enabled scamming, “It’s going to be the growth industry of all time.”

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