From France24 · · 1m 20s
AI scams and consumer protection
AI deepfakes threaten online security as fraud rises.
In brief
AI deepfakes threaten online security as fraud rises. One in four Europeans fell victim to online scams, with AI deepfakes increasing fraud risks. Originally reported by France24.
Online scam statistics
One in four Europeans has fallen victim to online scams, from identity fraud to fake romances.
AI fraud risks
The rise of artificial intelligence is ushering in new risks for online fraud through deepfakes.
Minh Nguyen on fraud
Minh Nguyen, Chief Product Officer at security solutions provider Entrust, says both online platforms and governments can play a role in protecting consumers and businesses.
Deepfake threat
Fraudsters can now take your voice, images from social media, and recreate your identity to impersonate you for bank access.
EU digital wallet
Nguyen believes the EU digital wallet is a first step towards protecting data and ensuring secure online services.
AI countermeasures
Entrust is developing solutions to combat AI and deepfakes by detecting patterns in organized fraud rings.
User safety tips
Always check link redirects and contact platform support if unsure about a message's legitimacy.
AI security risks
AI can also help build countermeasures to new types of fraud through advanced fraud detection systems.
Conclusion
The EU's leadership in data protection and secure online services is critical for combating rising AI-driven fraud.
The short version
One in four Europeans fell victim to online scams, with AI deepfakes increasing fraud risks.
