09/03/2025 | Press release | Distributed by Public on 09/03/2025 07:05
As artificial intelligence (AI) continues to evolve, so do the tactics of scammers who exploit this technology to deceive and defraud consumers. Today, the American Bankers Association Foundation and the Federal Bureau of Investigation released a new infographic aimed at educating the public about the growing threat of deepfake scams.
The infographic highlights how AI-generated or manipulated media, including images, video and audio, can be used to impersonate trusted individuals. Criminals may pose as loved ones, government officials, law enforcement personnel or even celebrities, often using fear and urgency to convince victims to send money or share sensitive information.
According to the FBI, more than 4.2 million fraud reports have been filed since 2020, resulting in over $50.5 billion in losses, with a growing portion stemming from deepfake scams.
"Deepfakes are becoming increasingly sophisticated and harder to detect," said Sam Kunjukunju, vice president of consumer education for the ABA Foundation. "This infographic provides practical tips to help consumers recognize red flags and protect themselves from these deceptive schemes. We are grateful to the FBI for their help in raising awareness about these scams."
"The FBI continues to see a troubling rise in fraud reports involving deepfake media," said FBI Criminal Investigative Division Assistant Director Jose A. Perez. "Educating the public about this emerging threat is key to preventing these scams and minimizing their impact. We encourage consumers to stay informed and share what they learn with friends and family so they can spot deepfakes before they do any harm. Our partnership with the ABA Foundation reflects a shared commitment to protecting consumers and advancing this important public awareness effort."
The infographic outlines key signs of deepfake media, including:
It also offers actionable tips to stay safe:
This infographic is the newest addition to ABA and the ABA Foundation's suite of consumer education and fraud prevention resources. As a part of this broader effort, ABA will relaunch its free #BanksNeverAskThat and #PracticeSafeChecks public awareness campaigns in October, which use attention-grabbing humor and other engaging content to educate consumers about the persistent and growing threat of scams and check fraud, respectively. The ABA Foundation also offers its Safe Banking for Seniors program, which provides bankers with free tools and resources to help educate seniors and caregivers on how to prevent elder financial fraud.
To view the infographic and learn more, visit aba.com/DeepFakes.
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About the American Bankers Association
The American Bankers Association is the voice of the nation's $24.5 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.5 trillion in deposits and extend $12.8 trillion in loans.
About the ABA Foundation
Through its leadership, partnerships, and national programs, ABA's Community Engagement Foundation (dba ABA Foundation), a 501(c)3, helps bankers provide financial education to individuals at every age, elevate issues around affordable housing and community development, and achieve corporate social responsibility objectives to improve the well-being of their customers and their communities.
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