Digital frauds are becoming more sophisticated
Annual losses due to digital fraud are increasing in line with the development of new technologies. Protection has never been more necessary
With the advancement of new technologies, more sophisticated methods for fraud and other digital crimes are emerging. Particularly in e-commerce, security is a priority.
The arrival of simpler payment methods, based on AI and other emerging technologies, does not stop the emergence of new forms of fraud. Cybercriminals adapt, improve their attack tools and break down all barriers.
The financial sector is the preferred sector for digital fraudsters. Losses far exceed those obtained by criminals from drug trafficking and other illegal activities globally.
Scam methods are becoming more aggressive thanks to the use by cybercriminals of generative AI that allows them to impersonate identities in a way that is imperceptible to victims.
Deepfakes are used to carry out fraudulent transactions that bypass system barriers. But this method is not enough, and instant payments are added by impersonating trusted contacts. These so-called “friendly” scams are the most dangerous.
Cybersecurity experts advise staying alert to any unusual details in an email, a phone call or operations in stores where payment can be made by contactless, fingerprint payment, among others. Also, activate two-factor authentication on all devices, which is highly effective against digital fraud.
M.Pino
With information from international media
(Reference image source: Firmbee.com in Unsplash)
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