Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Alerts

Google Warns of Rising AI and Crypto Scams

November 15, 2024
Reading Time: 2 mins read
in Alerts
Google Warns of Rising AI and Crypto Scams

Google has raised concerns about a surge in online scams, emphasizing the growing complexity of fraud schemes driven by techniques like cloaking, generative AI, and cryptocurrency deception. Cloaking scams, which disguise harmful content from moderation systems while displaying convincing but fraudulent pages to users, are being used to impersonate legitimate brands. These scams often create a false sense of urgency, tricking victims into purchasing counterfeit products or disclosing sensitive information. Such methods have become increasingly effective, leveraging advanced technologies to evade detection and exploit user trust.

A concerning trend involves the misuse of generative AI tools to create hyper-realistic deepfakes of public figures. These fake endorsements lend credibility to fraudulent schemes, particularly in cryptocurrency investment scams. Criminals have also employed app and landing page clones, which mimic legitimate platforms to steal user credentials, spread malware, and facilitate unauthorized purchases. According to Google, these tactics are often combined with scareware, redirecting users to fake customer support sites that deceive them into divulging sensitive data.

The threat is further amplified by organized crime syndicates, especially in Southeast Asia, where scam factories employ advanced technologies like malware and generative AI. A recent United Nations report highlighted these operations, describing how syndicates exploit technological advancements to enhance fraud efficiency while lowering the entry barriers for less-skilled criminals. Cryptocurrency scams, such as pig butchering, have become prevalent in the region, further complicating efforts to combat cybercrime. These schemes use psychological manipulation and high-pressure tactics to drain victims’ assets.

In response, Google has ramped up efforts to tackle these evolving threats. The company blocked over 5.5 billion ads violating its policies in 2023 and rolled out new features like live scam detection in its Android Phone app. This feature leverages Google’s Gemini Nano AI model to identify and warn users of potential scam calls. Google has also introduced real-time alerts in Google Play Protect to identify and mitigate risks posed by malicious apps, including stalkerware. By partnering with organizations like the Global Anti-Scam Alliance and DNS Research Federation, Google aims to enhance user awareness and strengthen defenses against a rapidly evolving threat landscape.

Reference:
  • Google Warns of Rising Cloaking Scams, AI Fraud, and Cryptocurrency Schemes
Tags: AICloaking scamsCryptocurrencyCyber AlertsCyber Alerts 2024Cyber threatsGoogleNovember 2024Scams
ADVERTISEMENT

Related Posts

OneDrive Flaw Gives Sites Full Data Access

OneDrive Flaw Gives Sites Full Data Access

May 30, 2025
OneDrive Flaw Gives Sites Full Data Access

Fake AI Apps Drop Ransomware And Malware

May 30, 2025
OneDrive Flaw Gives Sites Full Data Access

EDDIESTEALER Uses Fake CAPTCHAs for Stealing

May 30, 2025
APT41 Uses Google Calendar For C2 Operations

APT41 Uses Google Calendar For C2 Operations

May 29, 2025
APT41 Uses Google Calendar For C2 Operations

New PumaBot IoT Botnet Uses SSH Attack

May 29, 2025
APT41 Uses Google Calendar For C2 Operations

New NodeSnake RAT Hits UK Universities

May 29, 2025

Latest Alerts

EDDIESTEALER Uses Fake CAPTCHAs for Stealing

Fake AI Apps Drop Ransomware And Malware

OneDrive Flaw Gives Sites Full Data Access

New PumaBot IoT Botnet Uses SSH Attack

APT41 Uses Google Calendar For C2 Operations

New NodeSnake RAT Hits UK Universities

Subscribe to our newsletter

    Latest Incidents

    State Actors Hit ConnectWise ScreenConnect

    Ivanti Flaw Hits NHS Staff and Patient Data

    Amalgamated Sugar Data Breach Exposes SSNs

    Cork Protocol Paused After $12M Exploit

    Victoria’s Secret Site Down After Breach

    LexisNexis GitHub Breach Affects 364K People

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial