AI Fuels Advanced Cybercrime and Scams

At the Aspen Institute’s Crosscurrent summit in San Francisco last week, national security officials and cybersecurity leaders warned that generative AI is powering everyday scams, from AI-generated face overlays used in remote job interviews to sophisticated deepfakes and voice cloning. Speakers cited FBI data showing $16.6 billion in US cybercrime losses in 2024 (up 33%), CrowdStrike’s 89% surge in AI-enabled attacks, and Deloitte’s $40 billion fraud projection by 2027, signaling offense currently outpaces defense.
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