Crypto thieves will deploy more convincing AI scams in 2024, companies warn

Cryptocurrency investors will to have has keep their eyes peeled For sophisticated Phishing scams And A plethora of clever contract vulnerabilities following year, according to has blockchain security businesses.

Cryptocurrency thieves will deploy scams based on AI more convincing in 2024, companies warn Interview Join We on social networks

Powered by AI Phishing scams, BRC-20 Exploits, And new clever contract vulnerabilities are among THE the biggest threats that crypto projects And investors will likely confront In 2024, according to has blockchain security businesses.

While THE $1.7 billion In scam And hack related losses In 2023 stands as A undeniable improvement has THE $4 billion lost In 2022 — Jesse Leclère, A blockchain analyst Since CertiK, warned Cointelegraph that scams are only become more advance And users should stay hyper vigilant For well executed exploits.

"Phishing, evolution In It is sophistication, will likely target not only individual users but Also business systems [...] using social engineering tactical adapted has THE crypto context," said Leclère, pointing has THE Dec. 14 register Connect exploit as A prime example of A advance attack.

A of THE key elements that will see Phishing scams become more infamous East THE to use of generative AI, he added, allowing the Pirates has automate operations And create convincing fake calls, videos, And messages through which has trap potential victims.

As predicted, Generative AI scams are NOW here. These will be dramatically better In 12-24 month And hard For anybody has distinguish between reality And THE AI fiction https://t.co/u7uaIEUodt

— Charles Hoskinson (@IOHK_Charles) December 15, 2023

Jenny Peng, A research analyst Since 0xRange warns that AI could form A key component In generator always real...

Crypto thieves will deploy more convincing AI scams in 2024, companies warn

Cryptocurrency investors will to have has keep their eyes peeled For sophisticated Phishing scams And A plethora of clever contract vulnerabilities following year, according to has blockchain security businesses.

Cryptocurrency thieves will deploy scams based on AI more convincing in 2024, companies warn Interview Join We on social networks

Powered by AI Phishing scams, BRC-20 Exploits, And new clever contract vulnerabilities are among THE the biggest threats that crypto projects And investors will likely confront In 2024, according to has blockchain security businesses.

While THE $1.7 billion In scam And hack related losses In 2023 stands as A undeniable improvement has THE $4 billion lost In 2022 — Jesse Leclère, A blockchain analyst Since CertiK, warned Cointelegraph that scams are only become more advance And users should stay hyper vigilant For well executed exploits.

"Phishing, evolution In It is sophistication, will likely target not only individual users but Also business systems [...] using social engineering tactical adapted has THE crypto context," said Leclère, pointing has THE Dec. 14 register Connect exploit as A prime example of A advance attack.

A of THE key elements that will see Phishing scams become more infamous East THE to use of generative AI, he added, allowing the Pirates has automate operations And create convincing fake calls, videos, And messages through which has trap potential victims.

As predicted, Generative AI scams are NOW here. These will be dramatically better In 12-24 month And hard For anybody has distinguish between reality And THE AI fiction https://t.co/u7uaIEUodt

— Charles Hoskinson (@IOHK_Charles) December 15, 2023

Jenny Peng, A research analyst Since 0xRange warns that AI could form A key component In generator always real...

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