MIL-OSI Translation: The rise of AI: fraud in the digital age

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MIL OSI Translation. Canadian French to English –

Source: Government of Canada

March 4, 2024, GATINEAU (Québec), Competition Bureau

Artificial intelligence (AI) is a fascinating tool that has revolutionized many aspects of our lives. But it has also given fraudsters opportunities to make their scams even more convincing.

According to Statistics Canada, fraud cases in the country have almost doubled in the last ten years, rising from 79,000 in 2012 to 150,000 in 2022. This increase shows that fraudsters are becoming increasingly adept, and that technologies such as AI are helping them to improve on their old tricks.

AI can be used to rapidly produce texts, e-mails and messages in the style and language of a specific person. It can be used to reproduce anyone’s voice. And in just a few minutes, it can be used to create fake images, sounds or videos of real people.

It’s sometimes difficult to distinguish what’s real from what’s been generated by AI. Fortunately, knowledge is the best way to protect yourself from AI-generated scams.

Fraudsters can use AI to :

Impersonate a known company or person to promote false products or services.
Invent a fake convincing investment opportunity.
Create chat bots to publish fake reviews that look like they were written by real people.
Reproduce voices for deceptive telemarketing.

Watch for these warning signs:

Realistic-looking videos of a public figure promoting an investment, or any other unusual promotion.
Unusual body or lip movements in videos.
Strange or incoherent phrases, or irrelevant content.
Websites imitating real companies.
Unexpected phone calls or messages, especially if the sender creates a sense of urgency, fear or panic.

To protect yourself :

Trust your instincts when something seems wrong.
When in doubt, check the authenticity of names and logos on websites.
Educate yourself about AI and fraud – research, read and discuss with friends and family.
Report suspicious websites. If you think you’ve seen misleading AI-generated content, report it to Competition Bureau or to Canadian Anti-Fraud Centre.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

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