Protecting Yourself from AI-Driven Scams and Fraud
Phishing, impersonation, data theft, and email compromise - these are just a few of the tactics fraudsters use to steal from consumers. With the rapid advancement of artificial intelligence (AI), fraudulent schemes are becoming increasingly sophisticated. Gone are the days when typos, suspicious email addresses, or awkward phrasing were clear red flags. Today, cybercriminals use advanced tools to craft convincing messages and mimic real voices, making it harder than ever to spot a scam.
As mobile devices and internet usage become integral to
everyday life, the convenience comes with heightened risks. Fraudsters are
constantly seeking ways to trace personal identities back to sensitive
information.
Older adults are especially vulnerable, often targeted
because scammers assume they may be more trusting or emotionally responsive.
One prevalent tactic is the "grandparent scam," where a senior receives a phone
call from someone pretending to be a grandchild in distress, urgently
requesting money. AI technology now enables scammers to replicate voices with
alarming accuracy, making these calls even more believable and concerning for
families and caregivers.
According to the Federal Bureau of Investigation, Americans
aged 60 and older lost a staggering $3.4 billion to fraud in 2023 alone.
To protect yourself and your loved ones:
- Be
skeptical of unknown callers
- Ask
the caller a private question only the real relative would know—but avoid
using questions that have been used as security prompts
- Never
rush into sending money or sharing personal information
Email and chat-based scams are also common. Fraudulent
messages often contain links that, when clicked, install malware or viruses.
These emails typically convey a sense of urgency - such as a fake delivery
notice or account alert - to prompt impulsive action. Be cautious of URLs that
closely resemble legitimate sites like Amazon or other retailers; even a small
change in the domain name can be deceptive.
With the rise of digital banking, Telhio's responsibility to
protect and empower our community has never been greater. That includes sharing
resources to inform, educate, and protect you from the growing threat of fraud.
If you have questions or concerns about your financial security, please contact
our Member Services team at 614-221-3233 or visit telhio.org/security.
The content in this article is true and accurate as of 10/6/2025.
