Artificial intelligence tools are being weaponized by scammers at an alarming rate to defraud Canadians, according to a new cybersecurity report that highlights emerging digital threats.
The Growing Threat of AI-Powered Scams
Cybersecurity expert Umang Handa, partner at EY Canada, has detailed how fraudsters are leveraging artificial intelligence technology to create sophisticated scams that are increasingly difficult to detect. The report comes amid growing concerns about digital security and consumer protection in an era of rapidly advancing technology.
Handa explains that scammers are using AI to create convincing fake communications, including voice cloning, deepfake videos, and automated phishing campaigns that can mimic legitimate organizations and even family members. These advanced techniques represent a significant evolution from traditional scam methods.
How Canadians Can Protect Themselves
Despite the sophisticated nature of these AI-powered scams, Handa emphasizes that Canadians can use the same technology to their advantage by learning how to spot potential fraud attempts. The cybersecurity expert provides practical guidance on identifying red flags and verifying suspicious communications.
Key recommendations include being skeptical of unsolicited communications, verifying information through official channels, and using available AI detection tools to identify manipulated content. Handa stresses the importance of digital literacy as the first line of defense against evolving cyber threats.
Broader Implications for Consumer Protection
The report's findings come as Canadians face multiple financial and security challenges across the country. From unexpected medical bills to various local incidents, the need for heightened awareness about digital security has never been more critical.
As AI technology becomes more accessible, cybersecurity experts warn that fraud attempts will likely increase in sophistication, requiring both individuals and organizations to adopt more advanced protective measures. The report serves as a timely reminder for Canadians to stay informed about emerging digital threats.
Government agencies and financial institutions are also being urged to enhance their fraud detection systems and public education campaigns to address the growing challenge of AI-enabled scams targeting Canadian consumers.
