Get the latest tech news
UN warns massive billion-dollar fraud networks are on the rise in Southeast Asia
Criminals are adopting new technologies to support money laundering models
Specifically, the UN report claims criminals have been using AI generated content for social engineering and fraud schemes, alongside ‘deceptive recruitment campaigns’ - which encourage victims to accept ‘jobs’ that are fronts for human trafficking schemes. “The integration of generative artificial intelligence by transnational criminal groups involved in cyber-enabled fraud is a complex and alarming trend observed in Southeast Asia, and one that represents a powerful force multiplier for criminal activities,” said John Wojcik, UNODC Regional Analyst. “These developments have not only expanded the scope and efficiency of cyber-enabled fraud and cybercrime; they have also lowered the barriers to entry for criminal networks that previously lacked the technical skills to exploit more sophisticated and profitable methods.” he said.
Or read this on r/technology
