The Federal Trade Commission (FTC) has initiated a new “law enforcement sweep called Operation AI Comply.” The operation shows that the FTC is serious about protecting consumers from companies that use artificial intelligence (AI) tools and services to “trick, mislead, or defraud people.” Such conduct is “illegal,” and in announcing the first five enforcement
Operation AI Comply
Privacy Tip #414 – Beware of Fraud Schemes Promising Big Monetary Rewards from AI
By Linn Foster Freedman on
Posted in Privacy Tips
Fraudsters are using the hype of new technology, specifically artificial intelligence (AI), to commit fraud on consumers. The same bad guys are just spinning buzzwords to develop new schemes to take advantage of consumers.
This week, the Federal Trade Commission (FTC) announced that it took enforcement action against five companies “that use AI hype or…