‘Juice jacking’ plus music gift cards
Read Time: 6 mins
Written By:
Robert E. Holtfreter, Ph.D., CFE
This fictitious case represents a real problem that’s hitting many computer users curious about new AI software. When victims click on bogus AI ads, downloaded malware steals their personal identifying information (PII), such as usernames and passwords, bank account numbers or Social Security numbers. [See “Ads for fake AI and other software spread malicious software,” by Alvaro Puig, U.S. Federal Trade Commission (FTC) Consumer Advice, April 13, 2023.]
Some malicious ads take victims to real software but download malware through a “backdoor” so victims don’t know they were hacked. Fraudsters can also access victims’ contact lists so they can swindle others.
According to the FTC, here are ways to avoid these scams:
Unlock full access to Fraud Magazine and explore in-depth articles on the latest trends in fraud prevention and detection.
Read Time: 6 mins
Written By:
Robert E. Holtfreter, Ph.D., CFE
Read Time: 5 mins
Written By:
Robert E. Holtfreter, Ph.D., CFE
Read Time: 12 mins
Written By:
Annette Simmons-Brown, CFE
Read Time: 6 mins
Written By:
Robert E. Holtfreter, Ph.D., CFE
Read Time: 5 mins
Written By:
Robert E. Holtfreter, Ph.D., CFE
Read Time: 12 mins
Written By:
Annette Simmons-Brown, CFE