Source: The Next Web
AI-generated deepfakes and automated social engineering make it trivial to impersonate trusted figures at scale. Crypto—with its irreversible transactions and pseudonymous appeal—has become the ideal target. Consumer trust in digital channels is collapsing faster than platforms can build detection systems, widening the gap between attack sophistication and defense capability. The vulnerability extends beyond crypto to finance, banking, and any sector where payment is frictionless. AI is commoditizing social engineering across these domains.