{"id":59794,"date":"2023-09-07T11:38:22","date_gmt":"2023-09-07T18:38:22","guid":{"rendered":"https:\/\/lapost.us\/?p=59794"},"modified":"2023-09-07T11:38:22","modified_gmt":"2023-09-07T18:38:22","slug":"as-losses-soar-new-phishing-scams-use-text-ai","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=59794","title":{"rendered":"As Losses Soar, New Phishing Scams Use Text, AI"},"content":{"rendered":"
\n
\n
By<\/span>Selen Ozturk<\/a><\/div>\n<\/div>\n<\/div>\n
\n
\n
\n

Scammers are now using texts and AI to steal passwords, accounts and Social Security numbers as the newest methods of an increasingly lucrative fraud practice called \u201cphishing.\u201d<\/p>\n<\/div>\n<\/div>\n

\n
\"Scams<\/div>\n<\/div>\n
\n
\n

Scammers are now using texts and AI to steal passwords, accounts and Social Security numbers as the newest methods of an increasingly lucrative fraud practice called \u201cphishing,\u201d the Federal Trade Commission (FTC) reported in a\u00a0media briefing<\/a>\u00a0it presented with EMS.<\/p>\n

Ben Davidson, an attorney with the FTC Division of Marketing Practices for over a decade, described phishing as \u201can attempt to steal the consumer\u2019s information, personal information, financial information, passwords,\u201d often in the form of an email-based attack involving, for example, someone \u201cclaiming to be from Microsoft or attaching an invoice.\u201d<\/p>\n

Although these text- and AI-based innovations are on the rise, the practice of phishing itself is not new. American hackers coined the term as early as 1996, when it appeared in the hacking newsgroup\u00a0alt.2600<\/a>. The word derives \u2014 with a \u201cph\u201d substituted for \u201cf,\u201d in homage to the first form of hacking known as phreaking \u2014 from \u201cfishing,\u201d analogizing the scam with the practice of throwing \u201chooks\u201d into a sea of internet users.<\/p>\n

Rising losses<\/h2>\n

As reported losses rise, these forms are evolving and intensifying, particularly in the case of text-based and AI-enhanced phishing.<\/p>\n

\n
<\/div>\n