How the Fizz App Upended a High School in Hours

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 24 June 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A message board meant for school chatter quickly turned toxic at a high school in Vermont. WSJ family and tech columnist Julie Jargon joins host Zoe Thomas to talk about the app Fizz and what happened at the school. Plus, AI is giving scammers a new edge in online fraud. We’ll tell you how scammers are using the tech and what it means for banks and financial institutions. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	O. C.I. is the single platform for your infrastructure, database, application development, and AI needs.
0:06.0	Do more and spend less like Uber 8 by 8 and Databrics Mosaic.
0:11.0	Take a free test drive of OCI at oracle.com
0:14.4	slash Wall Street.
0:19.4	Welcome to Tech News briefing. It's Monday, June 24th. I'm Zoe Thomas for the Wall Street Journal.
0:26.0	Artificial intelligence is helping criminals pull off more sophisticated frauds,
0:31.0	and people of all ages are falling for them, collectively losing billions of dollars.
0:37.0	We'll tell you what banks are doing to keep customers safe.
0:40.0	And then, Fiz is a messaging app that lets students post anonymously about their classmates and police the rules themselves.
0:49.0	Our family and tech columnist Julie Jargan will explain how the app works and what happened when kids
0:54.8	at a high school in Vermont started using it. But first, online scams are getting more believable with the use of AI.
1:08.0	A survey by banking software company Biocatch in April found that 70% to fraud management officials at banks
1:15.2	and financial institutions said criminals were more skilled at using AI for
1:20.0	financial crimes than banks are are using it for prevention.
1:24.0	Here to tell us more about the new ways AI is being used by scammers,
1:27.7	and what's being done to fight it
1:29.4	is our personal finance reporter, Dalvin Brown.
1:32.1	So Dalvin, AI can help fraudsters avoid obvious tip-offs like poorly
1:36.7	worded messages or grammar mistakes. How else are they using AI to target potential victims?
1:42.3	Yeah, so scammers... using AI to target potential victims?
1:43.0	Yeah, so,
1:44.4	Scammers are using AI to create fake driver's licenses
	...

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