As artificial intelligence (AI) continues to revolutionize industries, it has also opened new doors for scammers. These fraudsters use AI to deceive individuals and organizations, creating risks for your financial security. At NGFCU, we prioritize your safety and are here to provide tips on how to recognize and avoid AI-driven scams.

Common AI Scam Tactics

1. Voice Cloning Scams
   1. AI can replicate voices with just a few seconds of audio. Scammers might use this technology to impersonate loved ones, claiming to be in distress and requesting money urgently.
2. Deepfake Videos and Photos
   1. Fraudsters can manipulate images or videos to impersonate trusted individuals or officials, convincing you to make payments or reveal personal information.
3. Phishing Emails and Messages
   1. AI-generated content can create highly convincing phishing emails or texts that look like they’re from your credit union or other trusted entities.
4. Fake Job Offers or Investment Opportunities
   1. Scammers use AI to draft compelling job offers or investment pitches, tricking victims into sharing personal data or transferring funds.

How to Protect Yourself

1. Verify Before Acting
   1. If you receive a suspicious call, email, or message, verify its authenticity through independent means. Contact the person or organization directly using trusted contact details.
2. Beware of Urgency
   1. Scammers often create a sense of urgency to pressure you into acting quickly. Take a moment to evaluate the situation before making any decisions.
3. Safeguard Personal Information
   1. Be cautious about sharing personal details online or over the phone. Scammers use these to tailor their fraud attempts.
4. Monitor Your Accounts Regularly
   1. Keep an eye on your financial accounts for unauthorized transactions. If you spot anything unusual, report it immediately.
5. Enable Multifactor Authentication (MFA)
   1. MFA adds an extra layer of security, making it harder for scammers to access your accounts, even if they have your password.

How NGFCU Helps Protect You

• Educational Resources: Stay informed with our webinars, newsletters, and alerts on the latest scam tactics.
• Dedicated Support: If you suspect fraud, our team is here to assist you 24/7.

When in Doubt, Reach Out

AI scams can be sophisticated, but you’re never alone in protecting your finances. If you have any concerns or need assistance, contact NGFCU immediately. Together, we can outsmart the scammers and keep your financial future secure.

Your safety is our priority. Stay vigilant and informed!