Source: BroBible
Summary
The FBI and Google have taken down an AI-powered cybercrime ring that used over a million phishing URLs to steal data and passwords. The ring, known as Outsider Enterprise, was based in China and used Google’s Gemini artificial intelligence to steal an estimated $1.9 billion from hundreds of thousands of victims in 95 countries. Google filed a lawsuit against the ring and seized over $100,000 in cryptocurrency.
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The habit gets a new name. Phishing, the classic scam, is now powered by AI and uses over a million URLs to steal data. The FBI and Google have teamed up to take down the ring, but the scam economy is still thriving, with estimated losses of $442 billion in 2025.
Google, AT&T, T-Mobile, and Verizon are working together to combat the scam, but the tools are “disturbingly accessible” and can be purchased on the dark web for as little as $50 per month.
The scam economy is now bigger than several countries’ gross domestic product, and AI-enhanced fraud is 4.5 times more profitable than conventional techniques.
It’s just another day in the world of cybercrime.
Author: Evan Null
