Snappy Kraken has launched an AI-powered email builder that generates images, headlines, and text to help financial advisors drive conversations, with the capability to adjust for behavioral demographics, preferences, and more; however, human oversight is still critical, especially in regulated industries, to ensure compliance and maintain a unique value proposition.
AI survey identifies ideal email sending time on Sundays, surge in cyber attacks linked to misuse of AI, AI's impact on jobs is more about disruption than elimination, AI integration into combat raises concerns, and AI-based solutions offer promise for compliance in IT/ITeS industry.
Yahoo Mail has introduced an AI bot that assists users in composing emails, offers message summaries, provides an enhanced search function, and identifies unused gift cards and discounts, with the new features available in beta mode for iOS and desktop users in the US.
The increasing sophistication of AI phishing scams poses a significant threat to crypto organizations as scammers utilize AI tools to execute highly convincing and successful attacks, warns Richard Ma, co-founder of Quantstamp. These AI-powered attacks involve scammers posing as key personnel within targeted companies to establish legitimacy and request sensitive information, making it crucial for individuals and organizations to avoid sending sensitive information via email or text and instead utilize internal communication channels like Slack. Investing in anti-phishing software is also advised to filter out automated emails from bots and AI.
Financial institutions are using AI to combat cyberattacks, utilizing tools like language data models, deep learning AI, generative AI, and improved communication systems to detect fraud, validate data, defend against incursions, and enhance customer protection.
Adversaries and criminal groups are exploiting artificial intelligence (AI) technology to carry out malicious activities, according to FBI Director Christopher Wray, who warned that while AI can automate tasks for law-abiding citizens, it also enables the creation of deepfakes and malicious code, posing a threat to US citizens. The FBI is working to identify and track those misusing AI, but is cautious about using it themselves. Other US security agencies, however, are already utilizing AI to combat various threats, while concerns about China's use of AI for misinformation and propaganda are growing.
AI-aided cyber scams, including phishing emails, smishing texts, and social media scams, are on the rise, with Americans losing billions of dollars each year; however, online protection company McAfee has introduced an AI-powered tool called AI Scam Protection to help combat these scams by scanning and detecting malicious links in real-time.
