Attackers today no longer rely only on stealing keywords, but instead use artificial intelligence agents and deepfakes to impersonate technical support personnel and founders.
AI-powered social engineering fraud has led to the loss of millions of dollars from DeFi and Web3 wallets this year.
How Does Artificial Intelligence Threaten Financial Security in Crypto?
Previously, digital fraud could be detected, such as sending messages full of errors, but with the development of artificial intelligence, the situation has changed.
\- Artificial intelligence has enabled attackers to create fake videos with sound and images and impersonate technical support personnel and founders, then invite you to invest and send your money.
\- Analyzing your wallet activity publicly on the blockchain, then sending customized emails inviting you to connect to malicious websites.
\- Using artificial intelligence to generate malicious software to write smart contracts that bypass traditional security checks.
How Can You Protect Yourself from These Attacks?
\- Do not trust any live broadcast or voice call that invites you to send your money. Rely on the digital signature of the content.
\- Separate your money into two wallets, a cold wallet for savings, and a wallet for daily transactions. Also, use AI contract auditing tools before interacting.
Conclusion
My friend, real financial growth is not limited only to making profits and earning dollars, but also requires knowing how to preserve them. Understanding AI fraud methods and ways to prevent them is the most important tool for any investor and trader in Web3.