CRIMINAL NETWORKS WEAPONISE AI TO STEAL MILLIONS FROM EVERYDAY AUSTRALIANS

CANBERRA, ACT, July 23 -- Australian Federal Police issued the following media release:

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Criminal networks are weaponising artificial intelligence (AI) to help steal millions of dollars from everyday Australians through sophisticated fake investment scams.

According to the Joint Policing Cybercrime Coordination Centre (JPC3) - which has launched a national cybercrime awareness campaign called 'ClickFit: Investment Scams' - criminals are tapping AI capability to generate fully fake scam ecosystems that include investment platforms, reviews, performance data, landing pages, advertisements and media coverage.

So convincing are their efforts at legitimacy building t...