AI-Powered Scams, Human Trafficking Fuel Global Cybercrime Surge: INTERPOL

INTERPOL’s latest assessment warns of a sharp global increase in tech-enabled financial fraud—driven by AI tools (e.g., WormGPT/FraudGPT), cryptocurrencies, and service-based scam models—with human trafficking feeding large-scale “pig-butchering,” BEC, romance, and investment fraud operations across regions. The report urges coordinated global action, stronger public–private partnerships, and employee training against AI-generated phishing, noting that the I‑GRIP mechanism has intercepted over $500M in cyber-enabled fraud.