McAfee’s cyber threat predictions for 2023 include AI-powered disinformation, crypto scams

Cybersecurity firm McAfee released its 2023 cyber threat predictions where it underlined the threat of disinformation campaigns powered by AI-generated images, videos and voices. The firm also pointed out the threat of crypto scams as the popularity of Web3 fluctuates during a tumultuous time for the industry.

AI-powered disinformation

The recent proliferation and popularity of artificial intelligence-powered software that can produce imagery based on text prompts means that creating AI-generated images, videos and sometimes even voices is no longer something that can be undertaken by a select few. Now, pretty much anyone with a digital device can use online software to generate such content.

McAfee predicts that these tools will empower scammers, propagandists and other cyber criminals who want to influence public opinion. These tools will also allow criminals to create counterfeit and manipulated images without the need for professional expertise.

Web3 scams to take advantage of FOMO

With the fallout surrounding the bankruptcy of crypto exchange FTX and the fall from the grace of its founder Sam Bankman-Fried, there has been a lot of uncertainty surrounding the Web3 industry. But McAfee predicts that some amateur investors could still be lured into get-rich-quick crypto schemes, remembering the rapid rise of Bitcoin’s value earlier this decade.

Cybercriminals could take advantage of these gullible investors by pitching them scams disguised as Web3 offerings. For…

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