How AI is used for identity theft.

As artificial intelligence (AI) and available technologies advance, fraudsters increasingly use AI to commit identity theft. Scammers employ AI to automate identity theft via phishing attacks, convincing emails, or impersonating real people. Avoid becoming a victim of bad actors using AI to their advantage by staying vigilant and protecting your personal information from new and evolving identity theft threats. In the face of these threats, we’re here to help. If you suspect AI is being used to steal your identity, contact us immediately.

Deepfakes and identity fraud.

Criminals use AI to create hyper-realistic video and voice recordings that impersonate you. These “deepfakes” can be used to steal your identity and access your personal or business bank accounts. 

If you receive an unusual request for audio or video verification, hang up and call your financial institution directly.

 Deepfake Impersonations

Robocalls and identity theft.

Fraudsters use robocalls to trick customers into revealing their personal information by impersonating representatives of financial institutions, government agencies, or debt collectors. Never provide any sensitive personal details over the phone unless and until you have verified the caller’s authenticity. 

If you suspect you’ve answered a robocall, hang up immediately. Popular Bank will never call you and ask you for account information; beware of any callers who claim to be a representative and ask for your personal information, such as full name, bank account numbers, passwords, or social security numbers.

robocalls

Bank account takeovers via identity fraud.

Phishing schemes, malware, and data breaches supply scammers with stolen personal credentials they can then use to steal your identity, access your bank account information, change your account information, and initiate fraudulent transactions. 

To protect your identity, always enable multi-factor authentication, monitor your account activity daily or weekly, and update your passwords annually.

Bank Account Takeovers

Social media and identity theft.

Social media is a popular tool for identity theft, as it allows thieves to gather publicly available personal details. Fraudsters may use your name, photos, and personal information to create a fraudulent account or commit scams under your identity. 

To protect your personal details, limit the information you share on social media, adjust your privacy settings, and be wary of suspicious friend requests or direct messages.

Social Media identity theft

Read more about ways to protect your identity.

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