Top Victim of AI Voice Scams with 83% Losing Money

A new report has revealed that India tops the list of countries most affected by AI-powered voice scams. The report, released by cybersecurity firm McAfee, shows that 83% of Indians who fell victim to voice scams lost money, making them the most financially affected.
Voice scams are a growing concern in India and around the world. Criminals use artificial intelligence (AI) technology to create lifelike voice bots that mimic real human voices, making it harder for victims to detect fraud. Once they gain the victim’s trust, scammers use various tactics to steal their money or personal information.
According to the McAfee report, almost half of all Indians have experienced an AI-enabled voice scam. These scams can take many forms, such as impersonating bank officials, telecom providers, or even government officials. The scammers trick victims into revealing their bank account or credit card details or even convincing them to transfer money to a fake account.
The report highlights the need for greater awareness of AI-powered voice scams and how to avoid falling victim to them. It recommends that individuals take basic precautions such as not sharing personal information over the phone, verifying the identity of the person calling before divulging any information, and being wary of unsolicited calls.
McAfee

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