What Are AI Scams & How to Protect Against AI Fraud [Video]

Experts in the financial industry are expecting scammers to use new technology, such as artificial intelligence (AI), to play on emotions in attempts to trick and scare people. Regardless of the method being used, scammers usually have the same goal — to obtain your personal information and/or money. Learning about the latest developments with AI will help you stay one step ahead so you can protect yourself, your business and your loved ones from AI scammers.

What Is Artificial Intelligence?

Artificial intelligence is technology that enables computers and machines to simulate humans. Just like humans, AI can learn from experiences and make decisions. It uses data and patterns to solve problems and perform tasks. It’s a technology that allows us to make machines smarter so they can assist us in various jobs. While AI can be used in many positive ways, scammers have found ways to exploit AI.

What Does an AI Scam Look Like?

Scams using AI can take many …