March 27, 2024
Officials Express Concerns Over AI Enabling Cyber Crimes in the U.S.

Officials Express Concerns Over AI Enabling Cyber Crimes in the U.S.

Law enforcement and intelligence officials in the United States have issued a stark warning about the potential rise of cyber crimes facilitated by advancements in artificial intelligence (AI). According to a report from Reuters, the concerns were raised at the International Conference on Cyber Security held at Fordham University in Manhattan on January 9.

Rob Joyce, the director of cybersecurity at the National Security Agency, emphasized that AI’s progress is lowering the technical threshold required for cyber crimes such as hacking, scamming, and money laundering. He stated, “It’s going to make those that use AI more effective and more dangerous.” Despite these challenges, Joyce also acknowledged the positive role AI can play in aiding U.S. authorities in efficiently tracking down and combating illegal activities.

James Smith, the assistant director of the Federal Bureau of Investigations’ New York field office, highlighted the FBI’s observation of an uptick in cyber breaches attributed to the increasing accessibility of AI tools. The ease with which cyber criminals can now execute sophisticated attacks poses a growing threat to digital security.

Breon Peace, the U.S. Attorney in Brooklyn, drew attention to the rapid emergence of AI-generated “deep fakes” during the conference. These deep fakes, convincingly crafted by AI, could potentially deceive systems designed to prevent cyber crimes. Peace expressed concerns, stating, “That, in turn, could allow criminals and terrorists to open accounts at scale, undermining the system of controls that we have developed for decades.”

Jimmy Su, Chief Security Officer at Binance, echoed similar sentiments in a previous interview with Cointelegraph, emphasizing the increasing proficiency of AI deep fakes in spoofing Know Your Customer (KYC) controls. Su remarked, “AI will overcome [them] over time. So it’s not something that we can always rely on.”

Data from SumSub revealed a concerning trend, indicating a tenfold increase in deep fakes across all industries globally from 2022 to 2023. Last year saw several high-profile individuals, including actor Tom Hanks and popular YouTuber MrBeast, denounce unauthorized deep fakes created for deceptive purposes, underscoring the urgency of addressing the growing threat posed by AI-driven cyber crimes and deceptive practices.


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