Caution against fraudsters is not enough, more is needed
The appearance of artificial intelligence in the toolbox of financial fraudsters has led to the fact that laymen can no longer trust what they see or hear, because it may be false. K&H Bank helps you recognize attacks with simple methods.
The fight against fraudsters, who can now be helped by artificial intelligence (AI, i.e. AI), continues. An example of this is a case in Hong Kong this year, in which an employee of a company transferred $25 million to the account of fraudsters after being instructed to do so by his company’s “CFO” in a video call. In the frames, the person saw his “colleagues” in the background, so it didn’t even occur to him that it was a fraud. At the same time, he was the only person in the video call, the other party was created with artificial intelligence, completely faithful to reality, an imitation that resembles reality to the point of speaking – it is clear from K&H’s previous announcement, which draws attention to the dangers of artificial intelligence.
The Cyber Shield also helps in defense
Fraudsters operating on the international stage previously had difficulty coping with the Hungarian language, but AI helps them in this as well. So much so that the language of e-mails is now close to perfect. This poses a serious threat to unsuspecting customers. Fraudsters try to scam people by copying everything from the banks’ logos to their faces. The most important thing to know is that checking the link received in e-mail, text message, or any other written channel is still the safest way to protect yourself. It is worth looking at the letters that we did not expect, rather on a computer, because the technical conditions for securely checking a link, for example, are often not given on phones. The basic rule of thumb for phishing emails is that the faster the targeted customers are encouraged to act – for example with monetary rewards or penalties – the more likely it is to be a scam.
Related news
Consumers mainly use generative AI to search for products
Generative AI is more and more popular among shoppers who…
Read more >Consumers want AI labelling on food packaging
According to a recent survey, commissioned by Ingredient Communications and…
Read more >SPAR Group: growing acceptance for AI in retail
AI is conquering the world of retail and both shoppers…
Read more >Related news
KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than…
Read more >Another unpleasant inflation surprise
Despite the expected slight slowdown, inflation continued to rise in…
Read more >Helia-D development team participates in prestigious international research project
Hungary’s iconic cosmetics brand, Helia-D, has been invited to participate…
Read more >