Beware AI scammers [USA TODAY]
TransUnion (TRU)
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Source: USA TODAY
Bailey, chief political correspondent with USA TODAY. Like every technological innovation AI going to be used for virtuous and nefarious things, but in terms of criminal activity experts say the scale and sophistication of fraud has accelerated. A new report by TransUnion found 1 in 6 U.S. consumers said they lost money to digital fraud in the form of email, online, phone call or text messaging scams in the last year. The median reported loss was $2,307 with online dating sites seeing a 7% increase while nearly 1 in 10 U.S. transactions on gaming sites were flagged for digital fraud. This is catching the attention of some in Congress, such as Sen. Maggie Hassan, D-N.H., who wants voice cloning companies such as ElevenLabs, LOVO, Speechify and VEED to provide details on how they're helping to stop scammers. For more on the AI, check out USA Today's coverage: How AI is making travel scams nearly impossible to spot: A WhatsApp message nearly fooled a retired federal agent Fra
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- Fraud is on the rise. Blame AI [USA TODAY]USA TODAY
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- 4/2/26 - Form 4
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