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Organized cybercriminal groups operating outside Azerbaijan have used AI algorithms and specialized software to conduct sophisticated cyber fraud, targeting government officials, employees, and ordinary citizens. Despite repeated warnings, victims continue to suffer financial losses and psychological harm due to these AI-enabled scams.[AI generated]
Why's our monitor labelling this an incident or hazard?
The article explicitly states that cybercriminals employ AI algorithms to carry out new and improved cyberattacks that have resulted in victims being defrauded. The harm is realized as victims have been deceived and suffered financial losses. The AI system's involvement is in the use of AI for malicious purposes leading to direct harm to individuals, fitting the definition of an AI Incident.[AI generated]