Cybercriminals are using AI-powered bots to impersonate students and enroll them in online college courses to divert financial aid, leading to substantial losses for community colleges. Victims face challenges in unraveling the damage caused by the scams.
Key Points
Cybercriminals using AI-powered bots to impersonate students and divert financial aid
Substantial financial impact on community colleges, with millions lost to fraudulent enrollments
Victims face challenges in unraveling damage caused by the scams
US Department of Education implementing measures to combat fraud