The FBI is out with their annual analysis of the scams taking advantage of Americans, with the report indicating that cyberscams looted $21 billion. Across a total of 1,008,597 complaints, 181,585 involved crypto, which accounted for $11 billion of the lost funds. The number of complaints involving a scammer posing as someone from the government rose to 32,500 from 17,300, and resulted in $797 million in losses. While AI was involved in just a comparatively small number of complaints (22,364), those did cost American an aggregate $893 million. Seems the long-promised efficiency gains promised by AI’s boosters is finally a reality, at least when it comes to making cybercriminals more efficient at ripping off the elderly.
Federal Bureau of Investigation, David DiMolfetta, Route Fifty, Sage D. Young, Sherwood News
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