• Cybercrime's New Wave: AI, Deepfakes and The Fraud Tsunami - Part 2

  • Oct 3 2024
  • Durée: 39 min
  • Podcast

Cybercrime's New Wave: AI, Deepfakes and The Fraud Tsunami - Part 2

  • Résumé

  • *In This Episode:* Welcome to Part 2 of our two-part series on cybercrime with fraud expert Frank McKenna. In this episode, we dive even deeper into the dark and rapidly evolving world of cyber threats. Building on the insights from Part 1, where we explored the rise of digital doppelgangers and the impact of deepfake technology on fraud schemes, this episode exposes the next wave of AI-driven attacks that are pushing fraud detection systems to the brink. *Topics Covered:* 1. *AI-Driven Insurance Fraud:* Frank McKenna shares shocking real-world examples of how fraudsters are using AI tools like Photoshop’s generative fill to create fake damages and fraudulent insurance claims. Learn how criminals manipulate images to steal millions from companies. 2. *Deepfake Detection vs. Generation:* Discover why detection technologies are struggling to keep up with the advancements in deepfake generation. Frank discusses the critical gaps in current security measures and why fraud detection is often five years behind the latest threats. 3. *The Economics of Cybercrime:* Understand the low-cost, high-reward landscape of cybercrime. Frank breaks down why organized fraud rings are thriving, fueled by cheap tools, near-zero risks, and almost no consequences. 4. *Spotting the Fakes:* Gain practical tips from Frank on how to identify deepfakes in videos, images, and voice recordings. From subtle visual cues to irregularities in voice cloning, learn how to spot these sophisticated fraud tactics before you become a victim. 5. *Human Vigilance and Cybersecurity:* Frank emphasizes the need for human intuition and context awareness as frontline defenses against AI-driven fraud. With technology still lagging, it’s up to individuals and organizations to stay alert and informed. *Key Takeaways:*

    • The battle between AI-generated fraud and detection tools is heating up, and fraudsters are gaining the upper hand.
    • Cybercriminals are finding low-cost, high-reward opportunities in AI, making it easier than ever to commit fraud from anywhere in the world.
    • Practical, real-world tips to help you and your business identify deepfakes and protect against AI-driven cyber threats.

    *Who Should Watch:*

    • Business leaders, executives, and board members focused on cybersecurity and fraud prevention.
    • IT, cybersecurity, and fraud prevention professionals wanting to stay ahead of the latest threats.
    • Anyone interested in understanding how AI is changing the landscape of cybercrime.

    *Resources Mentioned:

    • Pindrop: A company specializing in voice cloning detection used across U.S. companies.
    • Tools like Google Reverse Image Search for identifying altered images.


    **Subscribe for More Content:* Don’t forget to subscribe to our channel for more insights on cybersecurity, AI, and fraud prevention. Hit the notification bell so you never miss an update! *Let’s Stay Connected:* Follow me on LinkedIn: / aartisamani Follow Frank on LinkedIn: / frankmckenna


    *Join the Conversation:* Have questions or comments about the episode? Drop them below and let’s continue the discussion on how to protect ourselves from the next wave of cyber threats!

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