Get the latest tech news
New online investment scams powered by bots to simulate fake experts
Security pros say the new scams use the latest chatbot technology.
“Fake trading platforms create an entire ecosystem, including sophisticated websites and financial dashboards, to mimic real investment opportunities,” said Ted Miracco, chief executive officer at Approov. These types of scams are successful because they use a convincing message, a real-looking financial application, and the ability to abuse our desire to get rich overnight, said Krishna Vishnubhotla, vice president of product strategy at Zimperium. Mobile devices, messaging, and social apps will only intensify the threat of online investment scams as they are omnipresent in daily life, providing continuous access for scammers to potential victims, said Vishunbhotla.
Or read this on r/technology
