AI-Powered Investment Scams on Social Media: New Threats in 2024

AI-Powered Investment Scams on Social Media: New Threats in 2024

AI-Powered Investment Scams Targeting Victims Worldwide Cybersecurity experts have raised the alarm about a new and increasingly sophisticated type of investment scam that leverages artificial intelligence (AI), social media platforms, and phishing techniques to deceive unsuspecting victims and steal their money and personal information. These scams have grown significantly in 2024, exploiting the trust of individuals through deceptive ads, fake testimonials, and phishing websites designed to appear legitimate. The Emergence of Nomani Scams Cybersecurity firm ESET has identified this new type of scam under the name “Nomani,” a play on the phrase “no money.” According to ESET’s H2 2024 Threat … Read more