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Security BUZZ - Virtual Kidnapping and the Rise of Extortion Scams

  • 1.  Security BUZZ - Virtual Kidnapping and the Rise of Extortion Scams

    Posted 11-17-2023 09:01

    Artificial Intelligence (AI) has revolutionized industries and enhanced our daily routines. However, like any powerful tool, AI can also be used for nefarious purposes. One such example is virtual kidnapping, a scam that leverages AI tools to extort money from unsuspecting individuals. The scammers use sophisticated techniques to create a false narrative, making their victims believe that a loved one has been kidnapped. By inducing emotional distress, they force the targeted individuals to comply with the extortion demands. 

    AI tools costing less than $10 a month are readily available to enable these scams. Voice synthesis tools can mimic familiar voices, producing convincing imitations of speech patterns. AI cloning software can use a small voice sample collected from social media platforms and personal data collected from the darkweb. AI chatbot software generates real-time responses based on the victim's input, and phone spoofing adds to the complexity and accuracy of the scam. 

    Imagine the psychological impact of receiving a call that sounds exactly like your child or spouse pleading for help. The targeted individuals may find themselves compelled to pay large sums of money to ensure the safety of their loved ones. 

    It is essential to be vigilant and skeptical to avoid falling victim to such manipulative tactics. We can protect ourselves and our loved ones from these malicious scams with awareness and caution.

    Here are a few practical tips to stay safe:

    1. Verify Information: Always verify the authenticity of unexpected calls or messages. Contact the supposed victim or other family members to confirm their safety.

    2. Be Skeptical: Trust your instincts if a situation seems suspicious. Scammers often rely on emotional manipulation to cloud judgment.

    3. Be careful about what you share online: One of the best ways to prevent virtual kidnapping is to limit the amount and type of information you share on social media or other online platforms

    4. Report Suspicious Activity: If you encounter a potential scam, report it to the relevant authorities. Your action could help prevent others from falling victim.

    By staying informed and practicing digital hygiene, we can navigate the online landscape more safely and protect ourselves from the dark side of technological advancements.

    #ALTACyber



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    Genady Vishnevetsky
    Chief Info Security Officer
    Stewart Title Guaranty Company
    Houston TX
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    ALTA Marketplace