(TT) – Artificial intelligence applications are increasingly integral to our daily life in speech recognition, natural language processing, machine vision and so on but fraudsters are negatively using this Tech to harm people
These days, AI is used in a variety of ways such as chatbots, gaming, defense, marketing, healthcare, banking, automotives, robotics, transport, and all forms of businesses. In this era of advanced tech, AI is becoming increasingly important to help users perform various tasks, from checking their schedules and searching for something on the web, to sending commands to another app.
AI (like; Microsoft’s Cortana, Apple’s Siri, Amazon’s Alexa, and Google Now) is a big breakthrough in the field of technology and has greatly improved economies round the world. Upon all these advantages of Artificial intelligence, it goes with many disadvantages especially against non tech-savvy consumers.
Sometimes, the disadvantage side of AI is deployed by these tech gurus to defraud others. What is most striking is the fact that when fraudsters deploy these tools, it is very difficult to differentiate them from what is real but whether you are a tech guru or tech savvy, there are things you need to look out for to be safe out there.
Losing money to fraudsters can be painful as loosing birthright because you can never forget it in a hurry. The cashless transactions is here to stay but you need to keep a wary eye on them. There are major things the fraudsters need for a successful operation. They include; Your phone number and your account number
Most time, they hack your phone number and monitor the format your bank uses to send credit and debit alert. They study this carefully before emarking on their evil journey.
The Apps
Beware of these apps fraudsters use to send you fake but real-looking bank alerts;
- ProBank
- Money Prank Pro
- Flash Fund App
- Millionaire Fake Bank Account
- Pro and fake alert maker for Android
- Lofty SMS App
How to detect these real-looking fake bank alerts
Most people do not chew before they swallow when it comes to money, remember that you need to keep a wary eye on them no matter how real and promising they look.
The first thing you need to do is to check for grammatical errors/misspellings, but remember that most of these guys are gurus so there might actually be no error so don’t stop just there. Amature ones will ask for your phone number, email and account number.
The email used to send you the alert is slightly different from the offical bank email, there might be change or addition of a single letter.
The alert might not show your previous and current balance but wait, ProBank App has very powerful AI that shows your previous and current balance ( That is how powerful Artificial intelligence is), so do not stop if see your prevoius and current balance in the fake alert.
What other steps do you need to take?
- Open your bank’s official mobile app: Quickly open your mobile banking app and check your account balance and statement
- Compare the emails: Check the email used to send you the alert and the official bank email to make sure they are exactly the same.
- Avoid links: Do not click on links requesting you to click and fill your acount details
- Contact your bank: If you are still in doubt, please contact your bank to have them do the verification for you
