From GovCio:
The Social Security Administration is coordinating with federal agencies to combat a growing threat from AI-enabled fraud as criminals increasingly use deepfakes and other emerging technologies to impersonate people and trusted institutions.
As the federal government has moved quickly to adopt artificial intelligence, criminal groups have also embraced the technology, said Chad Bungard, chief strategy officer in SSA’s Office of Inspector General, at an event hosted by GovExec in Washington D.C. Tuesday.
Bungard said rapidly advancing deepfake technology that can realistically mimic human voices and images has fueled fraud schemes targeting SSA. These schemes include attempts to change direct-deposit information, spoof identities and impersonate trusted institutions, sometimes using the names of real employees to appear legitimate.
Citing data from Deloitte and Accenture, Bungard said losses from deepfake-enabled fraud are projected to reach $40.1 billion by 2027.
“It’s something we have to take seriously,” he said. …
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