A new AI voice scam analysis revealed that 77% of victims are losing their money. 

New AI Voice Scam Analysis Claims 77% of Victims Lose Money! How Can You Be Safe?
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A visitor watches an AI (Artificial Intelligence) sign on an animated screen at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona.

As of writing, artificial intelligence technologies are on the rise. However, the risks they pose also worsen. One of these is cybersecurity risks. 

There's no denying that AI benefits many consumers across the globe. However, this innovation also helps malicious actors in their campaigns. 

One in particular is the AI voice scam; a malicious campaign that involves the use of artificial intelligence to clone people's voices. 

New AI Voice Scam Analysis Claims 77% of Victims Lose Money!

According to 9To5Mac's latest report, McAfee's latest analysis revealed that AI voice scams are becoming more rampant than before.

New AI Voice Scam Analysis Claims 77% of Victims Lose Money! How Can You Be Safe?
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The shadow of Uruguayan developer Tammara Leites poses in front of a text generated by (digital Simon) thanks to artificial intelligence ahead of the (dSimon) performance at the Avignon fringe festival in Avignon on July 14, 2022.

Also Read: Holiday Scams: The New Go-to for Modern-Day Criminals

McAfee stated that AI voice scams can become more convincing. Some malicious actors can use AI to clone a loved one's voice and ask victims for money due to an emergency. 

Meanwhile, other criminals use AI-cloned voices of people to fake ransom; this is effective enough to fool victims. 

The computer security software firm explained that AI voice scams are becoming rampant because AI voice clone tools are widely available and cheap. 

Aside from this, many U.S. residents also tend to share audio recordings of their voices on social media. 

Here's what McAfee's analysis revealed. 

  • 23% of U.S. residents share their audio recordings once or twice a week. 
  • 15% of U.S. residents share their audio recordings three to four times a week. 
  • 8% of U.S. residents share their audio recordings 5-10 times a week. 
  • 6% of U.S. residents share their audio recordings more than 11 times a week.

With the information it acquired, McAfee concluded that one in four adults becomes a victim of AI voice scams. 

How to Protect Yourself From AI Voice Scams? 

Via its official analysis post, McAfee said that it surveyed over 7,000 people from seven countries. 

"77% of victims said they had lost money as a result," confirmed the security software provider. 

If you don't want to become among these victims, then you need to follow McAfee's tips on how to avoid AI voice scams: 

  • Use identity monitoring services so that your identifiable information will not be accessible to the Dark Web. 
  • If you are always using social media platforms, then you need to think before accessing and sharing content. 
  • If you receive a text or even a voice message, always check the source before believing what they say. 

In other news, the Bank of America warned iPhone and Android users about the rise of scam bank investment texts. TSB Bank also announced that Get-Rich-Quick scams are becoming more rampant on Meta-owned platforms. 

For more news updates about scams, always keep your tabs open here at TechTimes.  

Related Article: Scammers Use AI to Clone Girl's Voice, Demand Mother Pay $1 Million Ransom

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