US Officials Warn of AI's Potential in Facilitating Cyber Crimes, Citing Global Increase in 'Deep Fakes'
Summary:
US intelligence officials warned that advances in artificial intelligence (AI) could facilitate cyber crimes like hacking, scams, and money laundering, according to a recent report. At a cybersecurity conference, industry experts discussed the risks and potential benefits of AI, highlighting an increase in AI-assisted cyber breaches. They also drew attention to the growing menace of AI-generated "deep fakes". Data from SumSub reveals a global ten-fold increase in deep fakes across all industries from 2022 to 2023. Notably, several high-profile figures were targeted last year with unauthorized deep fakes for product promotion.
U.S. security and intelligence personnel have cautioned that with the rise of artificial intelligence (AI), cyber crimes like hacking, scams and money laundering could easily be carried out, as a Reuters report articulates. At the International Conference on Cyber Security, held at Fordham University in Manhattan on January 9, Rob Joyce, the National Security Agency's cybersecurity chief, explained that AI can simplify a perpetrator's path to committing these crimes. "AI is likely to render criminals more efficient and frightful," he stated. However, he also emphasized the potential of AI in assisting the U.S. authorities in identifying and curbing illicit activities in a more effective way.
Additionally, James Smith, who serves as the assistant director of the FBI’s New York field office, addressed the gathering, stating an seen increase in cyber violations attributed to AI's ability to lower the technical competency needed for such offences.
Speaking at the same conference, U.S. Attorney in Brooklyn, Breon Peace accentuated the growing threat of AI-generated "deep fakes" that can successfully fool systems usually protecting against cyber crimes. “The development could possibly let criminals and terrorists create accounts at an unimaginable scale, eroding our existing control systems built over the years,” Peace warned.
Binance’s Chief Security Officer, Jimmy Su, shared similar thoughts in a discussion with Cointelegraph last year. He expressed concern over AI deep fakes' improving capacity to outmaneuver KYC controls, indicating that they cannot always be counted on for security.
SumSub's data shows that deep fake instances have shot up ten-fold across global sectors between 2022 and 2023.
In the last year, several high-profile individuals including Hollywood star Tom Hanks and renowned YouTuber MrBeast, found themselves combating unauthorized and compiled deep fakes used for product promotion.
Published At
1/10/2024 4:25:49 PM
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