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Scams and frauds: Here are tactics criminals use on you in the age of AI and cryptocurrencies

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Scams and frauds: Here are tactics criminals use on you in the age of AI and cryptocurrencies


Credit: Pixabay/CC0 Public Domain

Scams are nothing new—fraud has existed as long as human greed, but what changes are the tools.

Scammers thrive on exploiting vulnerable, uninformed users, and they adapt to whatever technologies or trends dominate the moment. In 2025, that means AI, cryptocurrencies and stolen personal data are their weapons of choice.

And, as always, the duty, fear and hope of their targets provide openings. Today, duty often means following instructions from bosses or co-workers, who scammers can impersonate. Fear is that a loved one, who scammers can also impersonate, is in danger. And hope is often for an investment scheme or job opportunity to pay off.

AI-powered scams and deepfakes

Artificial intelligence is no longer niche—it’s cheap, accessible and effective. While businesses use AI for advertising and , scammers exploit the same tools to mimic reality, with disturbing precision.

Criminals are using AI-generated audio or video to impersonate CEOs, managers or even family members in distress. Employees have been tricked into transferring money or leaking . Over 105,000 such deepfake attacks were recorded in the U.S. in 2024, costing more than US$200 million in the first quarter of 2025 alone. Victims often cannot distinguish synthetic voices or faces from real ones.

Fraudsters are also using emotional manipulation. The scammers make or send convincing AI-written texts posing as relatives or friends in distress. Elderly victims in particular fall prey when they believe a grandchild or other family member is in urgent trouble. The Federal Trade Commission has outlined how scammers use fake emergencies to pose as relatives.

Cryptocurrency scams

Crypto remains the Wild West of finance—fast, unregulated and ripe for exploitation.

Pump-and-dump scammers artificially inflate the price of a cryptocurrency through hype on to lure investors with promises of huge returns—the pump—and then sell off their holdings—the dump—leaving victims with worthless tokens.

Pig butchering is a hybrid of romance scams and crypto fraud. Scammers build trust over weeks or months before persuading victims to invest in fake crypto platforms. Once the scammers have extracted enough money from the victim, they vanish.

Scammers also use cryptocurrencies as a means of extracting money from people in impersonation scams and other forms of fraud. For example, scammers direct victims to bitcoin ATMs to deposit large sums of cash and convert it to the untraceable cryptocurrency as payment for fictitious fines.

Phishing, smishing, tech support and jobs

Old scams don’t die; they evolve.

Phishing and smishing have been around for years. Victims are tricked into clicking links in emails or text messages, leading to malware downloads, credential theft or ransomware attacks. AI has made these lures eerily realistic, mimicking corporate tone, grammar and even video content.

Tech support scams often start with pop-ups on computer screens that warn of viruses or identity theft, urging users to call a number. Sometimes they begin with a direct cold call to the victim. Once the victim is on a call with the fake , the scammers convince victims to grant to their supposedly compromised computers. Once inside, install malware, steal data, demand payment or all three.

Fake websites and listings are another current type of scam. Fraudulent sites impersonating universities or ticket sellers trick victims into paying for fake admissions, concerts or goods.

One example is when a website for “Southeastern Michigan University” came online and started offering details about admission. There is no such university. Eastern Michigan University filed a complaint that Southeastern Michigan University was copying its website and defrauding unsuspecting victims.

The rise of remote and gig work has opened new fraud avenues.

Victims are offered fake jobs with promises of high pay and flexible hours. In reality, scammers extract “placement fees” or harvest sensitive personal data such as Social Security numbers and bank details, which are later used for identity theft.

How you can protect yourself

Technology has changed, but the basic principles remain the same: Never click on suspicious links or download attachments from unknown senders, and enter personal information only if you are sure that the website is legitimate. Avoid using third-party apps or links. Legitimate businesses have apps or real websites of their own.

Enable two-factor authentication wherever possible. It provides security against stolen passwords. Keep software updated to patch security holes. Most software allows for automatic updates or warns about applying a patch.

Remember that a legitimate business will never ask for or a money transfer. Such requests are a red flag.

Relationships are a trickier matter. The state of California provides details on how people can avoid being victims of pig butchering.

Technology has supercharged age-old fraud. AI makes deception virtually indistinguishable from reality, crypto enables anonymous theft, and the remote-work era expands opportunities to trick people. The constant: Scammers prey on trust, urgency and ignorance. Awareness and skepticism remain your best defense.

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The Conversation


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The Doomsday Glacier Is Getting Closer and Closer to Irreversible Collapse

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The Doomsday Glacier Is Getting Closer and Closer to Irreversible Collapse


Known as the “Doomsday Glacier,” the Thwaites Glacier in Antarctica is one of the most rapidly changing glaciers on Earth, and its future evolution is one of the biggest unknowns when it comes to predicting global sea level rise.

The eastern ice shelf of the Thwaites Glacier is supported at its northern end by a ridge of the ocean floor. However, over the past two decades, cracks in the upper reaches of the glacier have increased rapidly, weakening its structural stability. A new study by the International Thwaites Glacier Collaboration (ITGC) presents a detailed record of this gradual collapse process.

Researchers at the Centre for Earth Observation and Science at the University of Manitoba, Canada, analyzed observational data from 2002 to 2022 to track the formation and propagation of cracks in the ice shelf shear zone. They discovered that as the cracks grew, the connection between the ice shelf and the mid-ocean ridge weakened, accelerating the upstream flow of ice.

A fast-motion video of Thwaites Glacier in Antarctica over a period of about 10 years.

Video: University of Manitoba

The Crack in the Ice Shelf Widens in Two Stages

The study reveals that the weakening of the ice shelf occurred in four distinct phases, with crack growth occurring in two stages. In the first phase, long cracks appeared along the ice flow, gradually extending eastward. Some exceeded 8 km in length and spanned the entire shelf. In the second phase, numerous short cross-flow cracks, less than 2 km long, emerged, doubling the total length of the fissures.

Analysis of satellite images showed that the total length of the cracks increased from about 165 km in 2002 to approximately 336 km in 2021. Meanwhile, the average length of each crack decreased from 3.2 km to 1.5 km, with a notable increase in small cracks. These changes reflect a significant shift in the stress state of the ice shelf, that is, in the interaction of forces within its structure.

Between 2002 and 2006, the ice shelf accelerated as it was pulled by nearby fast-moving currents, generating compressive stress on the anchorage point, which initially stabilized the shelf. After 2007, the shear zone between the shelf and the Western ice tongue collapsed. The stress concentrated around the anchorage point, leading to the formation of large cracks.

Since 2017, these cracks have completely penetrated the ice shelf, severing the connection to the anchorage. According to researchers, this has accelerated the upstream flow of ice and turned the anchorage into a destabilizing factor.

Feedback Loop Collapse

One of the most significant findings of the study is the existence of a feedback loop: Cracks accelerate the flow of ice, and in turn, this increased speed generates new cracks. This process was clearly recorded by the GPS devices that the team deployed on the ice shelf between 2020 and 2022.

During the winter of 2020, the upward propagation of structural changes in the shear zone was particularly evident. These changes advanced at a rate of approximately 55 kilometers per year within the ice shelf, demonstrating that structural collapse in the shear zone directly impacts upstream ice flow.



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Grado’s Signature S750 Headphones Sound Modern but Feel Like the ’70s

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Grado’s Signature S750 Headphones Sound Modern but Feel Like the ’70s


The friction-pole mechanism for headband adjustment is no less agricultural, for all its familiarity where Grado headphone designs are concerned. And while the detachable cable is a fair bit more flexible than some older Grado models, that’s not the same as saying it’s meaningfully flexible. If there’s a more willfully unhelpful length of cable in all of headphone-land, I’ve yet to encounter it.

On the subject of the cable: Grado provides 180-ish centimeters of it with a 6.3-mm termination at the end. When you’re charging this sort of money for headphones, it’s not outlandish to imagine your customer might have a device that accepts a balanced connection. Frankly, why there isn’t a choice of cables in the packaging is, frankly, beyond me. It’s something that the overwhelming majority of Grado’s rivals provide as a matter of course, and though the company’s website suggests there are forthcoming cable options “including a variety of lengths, as well as balanced terminations such as 4-pin XLR and 4.4mm,” these have been “forthcoming” for quite some time now, and will have a cost attached.

Photograph: Simon Lucas

I’m in no position to doubt the effectiveness of the “B” ear cushions where sound quality is concerned. After all, the Signature S750 sound superb, and Grado suggests the cushion design is a contributing factor. What I do feel qualified to say, though, is that the raw-feeling foam of the ear cushions is not especially comfortable, and that it retains and returns the wearer’s body heat with something approaching glee. “Premium” and “luxurious” are not words that apply.

Ultimately, it depends on what your priorities are. There’s certainly no arguing with the way the Signature S750 sound. They’re uncomplicatedly impressive and periodically quite thrilling to listen to, depending on the mix. But unless you’re one of those hair-shirt hi-fi fundamentalists from back in the day, one of those listeners who somehow doesn’t believe outstanding sound quality is valid unless there’s some suffering attached, there may well be too many shortcomings to overlook when it comes to these Grados. “Hand-assembled in Brooklyn, USA” notwithstanding.



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The Future of EVs Is Foggy—but California Still Wants More of Them

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The Future of EVs Is Foggy—but California Still Wants More of Them


It’s been a weird and confusing few weeks for the auto industry—especially for those who hoped to see more batteries on the road in the coming decade.

Just this month: Ford announced a retrenchment in its EV business, canceling some battery-powered vehicle plans and delaying others; the European Commission proposed to backtrack its goal to transition fully to zero-emission cars by 2035; the US government said it would loosen rules that would have required automakers to ratchet up the fuel economy of their fleets. BloombergNEF projects 14 million fewer EVs will be sold in the US by 2030 than it did last year—a 20 percent drop.

What has not changed, it seems, is California’s interest in shifting to cleaner transportation. “The state is doubling down on our zero-emission vehicle deployment, providing market certainty, and continuing to lead on clean transportation regardless of policy reversals elsewhere or shifts by automakers,” Anthony Martinez, a spokesperson for Governor Gavin Newsom, wrote in a statement to WIRED. He said the governor’s “commitment to accelerating California’s clean transportation transition hasn’t changed.”

In 2020, Newsom became one of the first lawmakers in the world to commit to full electrification when he signed an executive order directing state agencies to create rules that would ban the sale of new gas-powered cars in the state by 2035. Those rules eventually aimed to ratchet up the share of battery-electric vehicles, with an ultimate goal of a mix of pure EVs and plug-in hybrids. (The PHEVs could only account for about 20 percent of sales.) Several other states, including Massachusetts, New York, Oregon, and Washington State, pledged to do the same.

Earlier this year, the GOP-led Congress revoked, through legislation, California’s power to set its own clean air regulations. The state responded with a lawsuit, which is still being argued. Meanwhile, Newsom signed another executive order directing state agencies to further the state’s electrification goals in other ways.

Now auto industry experts and players say the state’s determination to push through policy and market changes to meet its now half-decade-old goal may be overly ambitious.

“Getting to 100 percent might be challenging,” says Stephanie Valdez Streaty, the director of industry insights at Cox Automotive. “There are a lot of headwinds.”

A coalition of California business groups have argued that the state’s goals even for next year—a requirement that 35 percent of model year 2026 vehicles sold are zero-emission—aren’t realistic, and that California should push back its goals for zero-emission new car sales. (Enforcement of the rules is paused while the larger battle with US Congress plays out.) Zero-emission cars accounted for 21 percent of the overall annual state new car sales as of the fall, according to the California New Car Dealers Association, well below the 35 percent goal. “The timeline needed to be adjusted,” says the group’s president, Brian Maas.



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