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AI Deepfake Scams Cost Australians AU$2 Billion in 2024: ACCC and Experts Warn of Rising Threat
Scam & Fraud TheDayAfterAI News Scam & Fraud TheDayAfterAI News

AI Deepfake Scams Cost Australians AU$2 Billion in 2024: ACCC and Experts Warn of Rising Threat

Australians lost $2.03 billion to scams in 2024, with AI-powered deepfake videos playing a major role in recent high-profile frauds. Authorities and industry experts warn that the rapid evolution of AI poses new challenges for detection and regulation, underscoring the urgent need for stronger safeguards and public education.

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Latest Trends & Development

Digital Security
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
Australia’s Under-16 Social Media Ban: AUD 49.5m Fines & 10 Key Apps Listed
Australia’s Under-16 Social Media Ban: AUD 49.5m Fines & 10 Key Apps Listed
OpenAI Cuts Ties With Mixpanel After Nov 8 Breach Exposes API User Data
OpenAI Cuts Ties With Mixpanel After Nov 8 Breach Exposes API User Data
FBI Warns of USD 262M in Account Takeover Losses as AI Scams Rise
FBI Warns of USD 262M in Account Takeover Losses as AI Scams Rise
Deepfakes and Scams Drive USD 4.6 Billion in Global Losses
Deepfakes and Scams Drive USD 4.6 Billion in Global Losses
Cloudflare Outage: 6-Hour Failure Disrupts ChatGPT, Claude and Millions of Websites Worldwide
Cloudflare Outage: 6-Hour Failure Disrupts ChatGPT, Claude and Millions of Websites Worldwide
ChatGPT Atlas Launch Triggers Security Concerns After 7-Day Prompt Injection Findings
ChatGPT Atlas Launch Triggers Security Concerns After 7-Day Prompt Injection Findings
AI Firewalls Gain Momentum as Breach Costs Hit USD 4–5M and Zero-Day Risks Stay Low
AI Firewalls Gain Momentum as Breach Costs Hit USD 4–5M and Zero-Day Risks Stay Low
OpenAI’s Safety Router Sparks Debate as 1M Weekly Chats Trigger Emotional Distress Flags
OpenAI’s Safety Router Sparks Debate as 1M Weekly Chats Trigger Emotional Distress Flags
85% of Americans Fear AI Is Making Fraud Harder to Detect, Survey Finds
85% of Americans Fear AI Is Making Fraud Harder to Detect, Survey Finds
U.S. Firm Finds DeepSeek AI Produces Less Secure Code on Sensitive Political Prompts
U.S. Firm Finds DeepSeek AI Produces Less Secure Code on Sensitive Political Prompts
Solidus AI Tech Launches NOVA AI Browser Tool to Counter US$2 Billion Web3 Hack Losses
Solidus AI Tech Launches NOVA AI Browser Tool to Counter US$2 Billion Web3 Hack Losses
Australia Issues First Sanction Over AI-Generated False Legal Citations
Australia Issues First Sanction Over AI-Generated False Legal Citations
Anthropic Report Highlights AI Misuse in Cyber Extortion, Fraud and Ransomware
Anthropic Report Highlights AI Misuse in Cyber Extortion, Fraud and Ransomware
Kite AI Details Security Vulnerabilities in 'Agentic Internet'
Kite AI Details Security Vulnerabilities in 'Agentic Internet'
OpenAI Tightens Security Measures Amid Espionage and DeepSeek Allegations
OpenAI Tightens Security Measures Amid Espionage and DeepSeek Allegations
European Parliament Study Advocates Strict Liability for High-Risk AI Systems
European Parliament Study Advocates Strict Liability for High-Risk AI Systems
Google’s AI ‘Big Sleep’ Stops Active SQLite Exploit, Marks First AI-Driven Cyber Defense Win
Google’s AI ‘Big Sleep’ Stops Active SQLite Exploit, Marks First AI-Driven Cyber Defense Win
Qantas Data Breach Exposes 5.7M Customers in Cyber Attack
Qantas Data Breach Exposes 5.7M Customers in Cyber Attack
Australia Ranked 10th in the 2024 Global Index on Responsible AI
Australia Ranked 10th in the 2024 Global Index on Responsible AI
AI Challenges Shake Global Digital ID Systems: Study Highlights Privacy and Trust Risks
AI Challenges Shake Global Digital ID Systems: Study Highlights Privacy and Trust Risks
Dell, Trend Micro & NVIDIA Unite to Launch AI-Powered Secure Infrastructure Solutions
Dell, Trend Micro & NVIDIA Unite to Launch AI-Powered Secure Infrastructure Solutions
OpenAI Report Reveals Surge in Global AI Misuse, Urges Stronger Industry Action
OpenAI Report Reveals Surge in Global AI Misuse, Urges Stronger Industry Action
NSW Schools Caught in Microsoft Teams Biometric Data Collection Without Parental Consent
NSW Schools Caught in Microsoft Teams Biometric Data Collection Without Parental Consent
McAfee Unveils AI Scam Detector: Real-Time Protection Against Online Fraud and Deepfakes
McAfee Unveils AI Scam Detector: Real-Time Protection Against Online Fraud and Deepfakes
AI Hallucinations Challenge Reliability as Adoption Grows in Law, Healthcare, and Business
AI Hallucinations Challenge Reliability as Adoption Grows in Law, Healthcare, and Business
AI Deepfake Scams Cost Australians AU$2 Billion in 2024: ACCC and Experts Warn of Rising Threat
AI Deepfake Scams Cost Australians AU$2 Billion in 2024: ACCC and Experts Warn of Rising Threat
Palo Alto Networks Launches IRAP-Assessed AI Cybersecurity Browser for Australian Agencies
Palo Alto Networks Launches IRAP-Assessed AI Cybersecurity Browser for Australian Agencies
AI Deepfake Scam Uses Fake Anthony Bolton Video to Target Investors on Instagram
AI Deepfake Scam Uses Fake Anthony Bolton Video to Target Investors on Instagram
Google Boosts Security with AI-Driven Scam Detection for Chrome, Search, and Android
Google Boosts Security with AI-Driven Scam Detection for Chrome, Search, and Android

Privacy Concerns

Digital Security
OpenAI Cuts Ties With Mixpanel After Nov 8 Breach Exposes API User Data
OpenAI Cuts Ties With Mixpanel After Nov 8 Breach Exposes API User Data
Cloudflare Outage: 6-Hour Failure Disrupts ChatGPT, Claude and Millions of Websites Worldwide
Cloudflare Outage: 6-Hour Failure Disrupts ChatGPT, Claude and Millions of Websites Worldwide
ChatGPT Atlas Launch Triggers Security Concerns After 7-Day Prompt Injection Findings
ChatGPT Atlas Launch Triggers Security Concerns After 7-Day Prompt Injection Findings
U.S. Firm Finds DeepSeek AI Produces Less Secure Code on Sensitive Political Prompts
U.S. Firm Finds DeepSeek AI Produces Less Secure Code on Sensitive Political Prompts
Kite AI Details Security Vulnerabilities in 'Agentic Internet'
Kite AI Details Security Vulnerabilities in 'Agentic Internet'
AI Challenges Shake Global Digital ID Systems: Study Highlights Privacy and Trust Risks
AI Challenges Shake Global Digital ID Systems: Study Highlights Privacy and Trust Risks
NSW Schools Caught in Microsoft Teams Biometric Data Collection Without Parental Consent
NSW Schools Caught in Microsoft Teams Biometric Data Collection Without Parental Consent
AI-Powered Reverse Location Search Sparks Privacy Concerns Amid Viral Social Media Trend
AI-Powered Reverse Location Search Sparks Privacy Concerns Amid Viral Social Media Trend
Signal President Warns of Agentic AI Privacy Risks at SXSW 2025
Signal President Warns of Agentic AI Privacy Risks at SXSW 2025
South Korea Confirms DeepSeek’s Data Sharing with TikTok’s Parent ByteDance
South Korea Confirms DeepSeek’s Data Sharing with TikTok’s Parent ByteDance
South Korea Bans DeepSeek AI Chatbot Over Privacy Concerns, Following Italy’s Lead
South Korea Bans DeepSeek AI Chatbot Over Privacy Concerns, Following Italy’s Lead
Does DeepSeek Track Your Keyboard Input? A Serious Privacy Concern
Does DeepSeek Track Your Keyboard Input? A Serious Privacy Concern
DeepSeek AI Chatbot Exposed: 1M Sensitive Records Leaked, Misinformation Raises Concerns
DeepSeek AI Chatbot Exposed: 1M Sensitive Records Leaked, Misinformation Raises Concerns
DeepSeek AI Faces Security and Privacy Backlash Amid OpenAI Data Theft Allegations
DeepSeek AI Faces Security and Privacy Backlash Amid OpenAI Data Theft Allegations
Sydney High School Student Under Investigation for Alleged Creation of Deepfake Pornography
Sydney High School Student Under Investigation for Alleged Creation of Deepfake Pornography
AI Data Collection: Privacy Risks of Web Scraping, Biometrics, and IoT
AI Data Collection: Privacy Risks of Web Scraping, Biometrics, and IoT
Ecovacs Under Scrutiny: Privacy Concerns and Cybersecurity Flaws Shake Trust in Smart Vacuums
Ecovacs Under Scrutiny: Privacy Concerns and Cybersecurity Flaws Shake Trust in Smart Vacuums
Is Your Face in the Database? Clearview AI Slammed with $30 Million Fine for Illegal Data Harvesting
Is Your Face in the Database? Clearview AI Slammed with $30 Million Fine for Illegal Data Harvesting
Celebrity-Led “Goodbye Meta AI” Campaign: A Wave of Resistance Against AI Data Harvesting
Celebrity-Led “Goodbye Meta AI” Campaign: A Wave of Resistance Against AI Data Harvesting
LinkedIn Under Fire: Users Concerned Over Data Usage for AI Training
LinkedIn Under Fire: Users Concerned Over Data Usage for AI Training
Does AI Speech Recognition Handle Data with Care?
Does AI Speech Recognition Handle Data with Care?
Your Daily Conversation at Home is Used to Train AI by Amazon?
Your Daily Conversation at Home is Used to Train AI by Amazon?
Navigating Privacy: The Battle Over AI Training and User Data in the EU
Navigating Privacy: The Battle Over AI Training and User Data in the EU
OpenAI's Data Leak: Unveiling the Cybersecurity Challenge
OpenAI's Data Leak: Unveiling the Cybersecurity Challenge
Is Your Data Safe with Apple Intelligence? Exploring the Risks
Is Your Data Safe with Apple Intelligence? Exploring the Risks
Prevent AI Bots from Using Your Content for Training: Here's How
Prevent AI Bots from Using Your Content for Training: Here's How
Your “Personal” YouTube Videos Help Train the Next Tech Revolution?
Your “Personal” YouTube Videos Help Train the Next Tech Revolution?
Meta Mandates Your Data for AI Training?
Meta Mandates Your Data for AI Training?

Scam & Fraud

Featured
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
FBI Warns of USD 262M in Account Takeover Losses as AI Scams Rise
FBI Warns of USD 262M in Account Takeover Losses as AI Scams Rise

Legal & Ethics

Security Solutions

Digital Security
AI Firewalls Gain Momentum as Breach Costs Hit USD 4–5M and Zero-Day Risks Stay Low
AI Firewalls Gain Momentum as Breach Costs Hit USD 4–5M and Zero-Day Risks Stay Low
Solidus AI Tech Launches NOVA AI Browser Tool to Counter US$2 Billion Web3 Hack Losses
Solidus AI Tech Launches NOVA AI Browser Tool to Counter US$2 Billion Web3 Hack Losses
OpenAI Tightens Security Measures Amid Espionage and DeepSeek Allegations
OpenAI Tightens Security Measures Amid Espionage and DeepSeek Allegations
Google’s AI ‘Big Sleep’ Stops Active SQLite Exploit, Marks First AI-Driven Cyber Defense Win
Google’s AI ‘Big Sleep’ Stops Active SQLite Exploit, Marks First AI-Driven Cyber Defense Win
Dell, Trend Micro & NVIDIA Unite to Launch AI-Powered Secure Infrastructure Solutions
Dell, Trend Micro & NVIDIA Unite to Launch AI-Powered Secure Infrastructure Solutions
Palo Alto Networks Launches IRAP-Assessed AI Cybersecurity Browser for Australian Agencies
Palo Alto Networks Launches IRAP-Assessed AI Cybersecurity Browser for Australian Agencies
Google Boosts Security with AI-Driven Scam Detection for Chrome, Search, and Android
Google Boosts Security with AI-Driven Scam Detection for Chrome, Search, and Android
Airtel Launches AI-Powered Fraud Detection Solution in India
Airtel Launches AI-Powered Fraud Detection Solution in India
OpenAI Backs Cybersecurity Firm Adaptive Security in US$43M Round to Combat AI Threats
OpenAI Backs Cybersecurity Firm Adaptive Security in US$43M Round to Combat AI Threats
10 Ways to Protect Your Privacy While Using DeepSeek
10 Ways to Protect Your Privacy While Using DeepSeek
Cisco AI Defense: Tackling Security Risks in Enterprise AI Systems
Cisco AI Defense: Tackling Security Risks in Enterprise AI Systems
Fujitsu Unveils Multi-AI Agent Security Tech to Combat Emerging Cyber Threats
Fujitsu Unveils Multi-AI Agent Security Tech to Combat Emerging Cyber Threats
O2 Launches "AI Granny" Daisy to Combat Scammers by Wasting Their Time
O2 Launches "AI Granny" Daisy to Combat Scammers by Wasting Their Time
Microsoft Launches Zero Day Quest: A $4M Hackathon for AI and Cloud Security
Microsoft Launches Zero Day Quest: A $4M Hackathon for AI and Cloud Security
Google Enhances Android Security with AI-Driven Scam Detection and Real-Time App Protection
Google Enhances Android Security with AI-Driven Scam Detection and Real-Time App Protection
AI Scam Agents Leverage OpenAI Voice API: A New Threat to Phone Scam Security
AI Scam Agents Leverage OpenAI Voice API: A New Threat to Phone Scam Security
Boosting Public Safety: Clearview AI Secures Key Data Security Certification in Texas
Boosting Public Safety: Clearview AI Secures Key Data Security Certification in Texas
Guarding the Games: How AI is Tackling Online Abuse at the Paris Olympics
Guarding the Games: How AI is Tackling Online Abuse at the Paris Olympics
False Credentials in Elite Education: A Closer Look at the HKU Scandal and the Role of AI in Preventing Fraud
False Credentials in Elite Education: A Closer Look at the HKU Scandal and the Role of AI in Preventing Fraud
What a Shame of Hong Kong Curator! A Blame Without Evidence!
What a Shame of Hong Kong Curator! A Blame Without Evidence!
Mastering AI: How Mastercard is Transforming Fintech with Artificial Intelligence!
Mastering AI: How Mastercard is Transforming Fintech with Artificial Intelligence!
AI-Powered Breakthroughs in Cybersecurity: Revolutionizing Penetration Testing
AI-Powered Breakthroughs in Cybersecurity: Revolutionizing Penetration Testing
Meta's Bold Move: Facebook and Instagram to Label AI-Generated Content
Meta's Bold Move: Facebook and Instagram to Label AI-Generated Content
Join the Artificial Intelligence Cyber Challenge (AIxCC) and Shape the Future of Cybersecurity!
Join the Artificial Intelligence Cyber Challenge (AIxCC) and Shape the Future of Cybersecurity!
AI Challenges Fingerprint Uniqueness: Columbia Study Reveals 90% Accuracy in Identifying Individuals
AI Challenges Fingerprint Uniqueness: Columbia Study Reveals 90% Accuracy in Identifying Individuals

Weekly Highlighted Videos

Curated and recommended by our team, these videos showcase cutting-edge developments in AI's role in security and privacy. Discover how AI is advancing security innovations, addressing legal implications, and raising ethical concerns.

Have a video you'd like featured? Contact us today!

More AI and Tech Insights News

AI Academy

AI Academy
Microsoft 365 Copilot Adds GPT-5.2 in Major AI Strategy Update
Microsoft 365 Copilot Adds GPT-5.2 in Major AI Strategy Update
OAuth Security Guidance Gets Sharper as AI Assistants Plug into More Services
OAuth Security Guidance Gets Sharper as AI Assistants Plug into More Services
Google’s AI Strategy: AI Mode vs Gemini in a USD 1.8 Trillion Market
Google’s AI Strategy: AI Mode vs Gemini in a USD 1.8 Trillion Market
Women in AI Australia Launches: 3 Founders Tackle Tech Gender Gap
Women in AI Australia Launches: 3 Founders Tackle Tech Gender Gap
SAS Targets 1 Million Talent Gap with 4 New AI Training Tracks
SAS Targets 1 Million Talent Gap with 4 New AI Training Tracks

Chatbot Development

Chatbot Development
NotebookLM vs Gemini 3 Pro for Research: What Is Actually Different?
NotebookLM vs Gemini 3 Pro for Research: What Is Actually Different?
ChatGPT Holds 79.9% of Australia’s Chatbot Market in Nov 2025
ChatGPT Holds 79.9% of Australia’s Chatbot Market in Nov 2025
OpenAI Launches GPT-5.2: First Model to Hit 100% on AIME Math
OpenAI Launches GPT-5.2: First Model to Hit 100% on AIME Math
Australia Enforces Under-16 Social Media Ban as 25% of Teens Use AI Chatbots
Australia Enforces Under-16 Social Media Ban as 25% of Teens Use AI Chatbots
Google NotebookLM Mobile Adds Camera Input & 1M Token Context Support
Google NotebookLM Mobile Adds Camera Input & 1M Token Context Support

Technology & Innovation

Technology & Innovation
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Yann LeCun Ends 12-Year Meta Run to Launch New AI Startup
Yann LeCun Ends 12-Year Meta Run to Launch New AI Startup
Fibocom Launches 8-Core USB AI Dongle for On-Device LLMs on PCs
Fibocom Launches 8-Core USB AI Dongle for On-Device LLMs on PCs
Hong Kong Fire: 128 Dead, 11 Arrested in Tai Po Tower Blaze Inquiry
Hong Kong Fire: 128 Dead, 11 Arrested in Tai Po Tower Blaze Inquiry

Daily AI Headlines

Featured
ChatGPT Adult Mode Arrives 2026: OpenAI’s Plan for Mature Content
From PDF to Whiteboard Style Visuals: What the Tools Can Do Now?
Google Translate Adds Live Headphone Translation Powered by Gemini
Microsoft 365 Copilot Adds GPT-5.2 in Major AI Strategy Update
Why Figma Matters in AI Enabled Product Design
Will Google AI Mode be Influenced by Ads?
NotebookLM vs Gemini 3 Pro for Research: What Is Actually Different?
NAB Blocks AUD 100k Loss in 'Kevin Costner' AI Deepfake Scam
ChatGPT Holds 79.9% of Australia’s Chatbot Market in Nov 2025
Is Copper a Buy? Record $11,952 High & AI Demand Analyzed
OAuth Security Guidance Gets Sharper as AI Assistants Plug into More Services
Adobe Adds Photoshop, Express & Acrobat to ChatGPT
OpenAI Launches GPT-5.2: First Model to Hit 100% on AIME Math
Hybrid AI Method Samples Rare Heatwaves 30-300x Faster Than Standard Models
Australia Enforces Under-16 Social Media Ban as 25% of Teens Use AI Chatbots
New Artificial Neurons Mimic Biology with 60mV Signals to Cut AI Power
Spotify Removes King Gizzard AI Clone Amid 75 Million Track Purge
Study Cites 47.3M Uses of 'Therapy' Chatbot in Call for Medical AI Rules
OpenAI, NEXTDC Plan 550MW Sovereign AI Campus in Sydney
Cypher IQ Launches AI based Scan and Filing Tool Aimed at Managed Print Providers
Google’s AI Strategy: AI Mode vs Gemini in a USD 1.8 Trillion Market
Google NotebookLM Mobile Adds Camera Input & 1M Token Context Support
New AI Spots Drone Parts: Addressing 100+ Monthly Airport Threats
Meta Hires Apple VP Alan Dye as Smart Glasses Shipments Double in 2025
Spotify Partners with Major Labels on ‘Artist-First’ AI for 713M Users
Trinity Poll: 42% of UK Gen Z Fear Social Interaction More Than AI
US & Australia Lead New 25-Page Guide to Secure AI in Critical Infrastructure
AI Robot Guides Great Barrier Reef Coral Seeding with 77.8% Accuracy
Australia’s Under-16 Social Media Ban: AUD 49.5m Fines & 10 Key Apps Listed
AI Adoption Hits 54.6% as Gemini Challenges ChatGPT’s Dominance