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How con artists use AI, apps, social engineering to target parents, grandparents for theft

Summary

This article discusses the rise of cyber scams targeting seniors, and the devastating financial losses they inflict. It gives examples of three seniors who were scammed in different ways, and provides insight into how cyber criminals are using artificial intelligence, widely-available apps, and social engineering to target seniors. It also explains how San Diego's Elder Justice Task Force is working to combat the scams by collaborating with federal authorities to connect local fraud cases. Finally, it provides advice on how people can protect themselves from digital theft.

Q&As

What type of digital theft are seniors most likely to be the victims of?
The "grandparent scam"

How much money did Americans lose to online scams and digital fraud in 2020?
More than $10 billion

What does San Diego's Elder Justice Task Force do to combat digital theft?
They collect every local fraud case and collaborate with federal authorities to connect them.

What type of technology can be used to prevent seniors from being scammed?
AI-powered software to protect identity, passwords, finances and personal data, as well as AI-based technology to monitor finances and alert users of problems in real time.

How can people report elder fraud incidents to the FBI?
They can report elder fraud incidents to ic3.gov.

AI Comments

👍 This article does a great job of providing a comprehensive overview of how con artists use AI, apps, and social engineering to target parents and grandparents for theft. It also includes helpful advice from ethical hackers on how to protect against digital theft.

👎 This article fails to provide any real-world solutions to combat the issue of digital theft. It also fails to recognize the lack of resources available to seniors who are victims of cyber scams.

AI Discussion

Me: It talks about how con artists are using AI, apps, and social engineering to target parents and grandparents for digital theft. It's really alarming how much money seniors lost due to online scams and digital fraud last year. It's very concerning that people in their 30s filed the most complaints.

Friend: Wow, that's really scary. It's concerning that these scammers can use AI and widely-available apps to target people. It's also sad that seniors are the ones that lost the most money to scammers.

Me: I know! I think it's important to spread awareness about these scams so that people can be more vigilant about protecting their personal data and finances. We can also encourage our parents and grandparents to stay informed and be aware of the latest scams. It's also crucial to have strong security measures in place to protect our data and financial accounts.

Action items

Technical terms

AI (Artificial Intelligence)
AI is a type of computer technology that is designed to simulate human intelligence and behavior. It is used in a variety of applications, including robotics, natural language processing, and machine learning.
Apps
Apps are software applications that are designed to run on mobile devices such as smartphones and tablets. They are typically used for a variety of tasks, including gaming, productivity, and communication.
Social Engineering
Social engineering is a type of attack that uses psychological manipulation to trick people into revealing confidential information or performing certain actions. It is often used by hackers to gain access to sensitive data or systems.
Grandparent Scam
A grandparent scam is a type of fraud in which a scammer pretends to be a grandchild or other family member in need of money. The scammer will often use personal information to make the request seem more legitimate.
Spoofing
Spoofing is a type of attack in which a malicious actor impersonates another user or system in order to gain access to sensitive data or systems. It is often used by hackers to gain access to confidential information or to perform malicious activities.

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