Online schemes use fictitious ‘websites’ and profiles. Authorities leave recommendations to avoid economic losses and identity theft.
The Authority Banking European Securities and Markets Authority and the European Insurance and Retirement Pensions Authority warned this Monday of fraudulent schemes with Artificial Intelligence (AI), which use fictitious ‘websites’ and profiles.
In a joint statement released by the Spanish Securities Market Commission (CNMV), these entities indicated that the risks range from economic losses to identity usurpation and emotional ‘stress’as they include investment and insurance fraud and even love or emotional fraud.
Among the recommendations included in the statement, it is worth highlighting never share personal information or banking details, as well as verify the authenticity of those requesting payment and avoid installing remote access computer programs, in addition to maintaining strong passwords on all devices.
Likewise, institutions urged us to be wary of investment opportunities that arise unexpectedly and for a limited time.
If, despite everything, you suspect that you have been a victim of fraud, The first thing to do is to immediately cancel any transaction, cut off all contact with alleged scammers and block calls and emails.
It is also important, according to these authorities, inform the bank or financial institution to assess whether there is a possibility of blocking or reversing transactionsas well as reporting the incident.
