GCD AI RADAR
incidents/AIR-2024-0022

AI-Enabled Fraud Schemes Increase Consumer Financial Loss

AI-enabled attack4 Confirmed real-world lossDeepfake fraudAI phishing / social engineering

Scammers deployed voice cloning and synthetic IDs to conduct sophisticated fraud operations against bank customers. These attacks resulted in measurable financial losses and identity theft.

Details

type
AI-enabled attack
Attackers used AI as a meaningful part of a cyberattack against someone else.
categories
  • Deepfake fraudprimary
    Synthetic voice, video or images used to impersonate people for fraud, extortion or access.
  • AI phishing / social engineering
    Phishing, lures and social engineering produced or personalised at scale with AI.
owasp llm top 10
no entry for these categories
mitre atlas
Both rows are derived from the type and categories (OWASP 2025 edition, ATLAS release 2026.09), not classified per record. How
severity
4 · Confirmed real-world loss
Financial loss, PHI/PII breach, safety impact or regulatory action.
targets
Individuals
incident date
22 Jun 2024
first reported
22 Jun 2024
origin
AI Incident Database
Derived from the AI Incident Database (CC BY-SA 4.0).
classifier confidence
0.90 · published at or above 0.80; see the methodology
tags
voice_cloning · synthetic_ids · fraud
record
created 2026-10-18 06:33Z · updated 2026-10-18 06:59Z · json

Sources · 1

  1. 2024-06-22
    AI-Enabled Fraud Schemes Reportedly Increasing Consumer Harm and Challenging Detection
    AI Incident Database · incidentdatabase.ai/cite/735

Titles and links belong to their publishers. The summary above is written by GCD AI RADAR in its own words; data is CC BY-SA 4.0.

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