In the past year, complaints of phishing among the elderly have increased 8-fold. And phishing was already the biggest cyber-crime.

This dramatic increase is for a large part caused by the use of AI chatbots for writing scam emails and executing large-scale attacks. Since the launch of ChatGPT, phishing attacks have already increased by more than 4 thousand percent. (4,151%)

In the future, when AI will get better at impersonating people, and when scammers will be using chatbots on an even larger scale, you can expect to see even more of these attacks.

AI companies keep saying that they will do something about it, but you can still easily generate phishing emails with all of the major AI chatbots.

We talked to Simon Lermen, who helped run an experiment on the use of AI chatbots for phishing. “I don’t think that their restrictions are particularly meaningful. I don’t think any of these restrictions are really going to make a big difference.” “I was surprised by just how easy it is to get around the guardrails.”

Right now, there is almost zero AI regulation.

“We are getting to a point where if the guardrails fail, there’s some real harm being done.”

Watch our interview here: