AI is already making online swindles easier. It could get much worse.

AI is already making online swindles easier. It could get much worse.

AI is already making online swindles easier. It could get much worse.

https://www.technologyreview.com/2026/02/12/1132386/ai-already-making-online-swindles-easier/

Publish Date: 2026-02-12 06:00:00

Source Domain: www.technologyreview.com

Here are six key points summarizing the article:

  • PromptLock Discovery: Researchers Cherepanov and Strýček unveiled PromptLock, an AI-powered ransomware they believed demonstrated the potential for highly flexible malware attacks.

  • Clarification from NYU Team: The following day, a team from New York University claimed the ransomware was merely a research project, designed to demonstrate the automation of a ransomware campaign rather than an actual attack in the wild.

  • Real World Threats: The discussion highlighted ongoing issues, emphasizing that while PromptLock was a research effort, real cybercriminals are increasingly using AI to lower the barriers to launching attacks.

  • Imminent Risks: Lorenzo Cavallaro, a computer science professor, stated that it’s “a sheer reality” that cyberattacks will now become more common and effective due to AI tools.

  • AI Misuse Beyond Malware: Experts suggest focusing on immediate risks like deepfake technologies and AI speeding up scam efforts, highlighting more current and pressing threats than purely AI-generated ransomware.

  • Scam and Spam Explosion: Since the rise of tools like ChatGPT, generative AI has been heavily utilized to create spam and sophisticated targeted email attacks, increasing from 7.6% to 14% in the first half of 2025 according to research from Columbia University, the University of Chicago, and Barracuda Networks.