How Scammers Steal Using AI: $26 Million Dark Side of Artificial Intelligence

How Scammers Steal Using AI: $26 Million Dark Side of Artificial Intelligence

In the era of cutting-edge technology, the dark side of artificial intelligence emerges with a recent cybercrime that resulted in a staggering $26 million theft. Exploiting the power of deepfake technology—a form of AI-driven image synthesis—the perpetrators deceived individuals within the finance department. Posing as high-ranking executives through convincing video calls, the criminals orchestrated a series of manipulations, leading to 15 unauthorized transactions.

The incident, reported to the police on January 29, underscores the sinister capabilities of AI in facilitating financial fraud. Investigations are ongoing, with no arrests made to date. This revelation raises concerns about the potential misuse of AI and the need for robust cybersecurity measures.

Check out other AI Risks


As we navigate the intricate landscape of artificial intelligence, the recent $26 million cybercrime serves as a stark reminder of the dangers that accompany technological advancements. The misuse of AI, particularly through deepfake techniques, exposes vulnerabilities that demand our attention. While technology evolves, our best defense against such scams remains rooted in critical thinking.

To mitigate the risks posed by AI-driven fraud, individuals and organizations must cultivate a skeptical mindset. Questioning the authenticity of digital interactions, especially those involving sensitive information, becomes imperative. As we embrace the benefits of AI, let us also fortify our defenses by relying on the timeless principles of critical thinking.

About Author


Leave a Reply

Your email address will not be published. Required fields are marked *