FBI dismantles Chinese phishing service that coached buyers to generate scam sites using AI —$88 cybercrime product linked to $1.9 billion in losses, 3.87 milli

FBI dismantles Chinese phishing service that coached buyers to generate scam sites using AI —$88 cybercrime product linked to $1.9 billion in losses, 3.87 milli

Follow Tom's Hardware on Google News , or add us as a preferred source , to get our latest news, analysis, & reviews in your feeds.

Luke James is a freelance writer and journalist.\u00a0 Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.\u00a0 ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-24/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Luke James Social Links Navigation Contributor Luke James is a freelance writer and journalist. Although his background is in legal, he has a personal interest in all things tech, especially hardware and microelectronics, and anything regulatory.

alrighty_then It's too hard to stop AI from being abused. We just have to accept it has leveled-up the game of all the scammers, and their spam emails & texts will no longer be riddled with typos… Good guys should leverage AI to pre-scan messages and ensure urls are legit for the site impersonated. I suspect Microsoft is already working on it… Reply

HansSchulze It would be asking too much for our government to prioritize finding and closing these cases in 3 months instead of 3 years and saving us billions of dollars in hard earned money, instead of spending a trillion dollars trying to change regimes which haven't directly hurt the citizens of our country. Or making spam scam emails illegal. Or making subscription fraud illegal. Reply

JohnyFin There is so many scam pages that we are flooded by them. Most victims are old people or people with basic tech knowlage. Nobody control it! Fake Microsoft pages, fake services, billion scam mails, captcha everywhere with puzzles which old or not smart people cannot solve…pandemia of cheating people. Reply

rluker5 JohnyFin said: There is so many scam pages that we are flooded by them. Most victims are old people or people with basic tech knowlage. Nobody control it! Fake Microsoft pages, fake services, billion scam mails, captcha everywhere with puzzles which old or not smart people cannot solve…pandemia of cheating people. There are some providers that are desperate for money. Like ChatGPT. Beggars can't be choosers and I don't think they even want to know if their service is being used for things like this. It isn't getting better. Reply

Key considerations

  • Investor positioning can change fast
  • Volatility remains possible near catalysts
  • Macro rates and liquidity can dominate flows

Reference reading

More on this site

Informational only. No financial advice. Do your own research.

Leave a Comment