Rising Threat: The Emergence of Fraudulent Chatbots Poses a Real Danger

Rising Threat: The Emergence of Fraudulent Chatbots Poses a Real Danger

Introduction:

The world of technology is not only attracting IT businesses and innovators but also cybercriminals. A recent discovery has revealed the existence of a harmful AI chatbot called “FraudGPT” that enables malicious activities. Developed as an alternative to the infamous WormGPT, this chatbot has been advertised in hacker forums and is designed exclusively for offensive purposes such as spear phishing, tool creation, carding, and more. Security experts warn against the use of this tool, emphasizing the importance of ethical and responsible technology usage. With the rise of these malicious AI chatbots, it becomes crucial to understand the potential risks they pose and take proactive measures to ensure cybersecurity.

Full Article: Rising Threat: The Emergence of Fraudulent Chatbots Poses a Real Danger

Developer Creates Harmful AI Chatbot “FraudGPT”

In a recent development, a developer has created a dangerous AI chatbot called “FraudGPT” that allows users to engage in malicious activities. This news highlights the fact that cybercriminals are also actively participating in the development of chatbots with artificial intelligence.

Discovering the Malicious Chatbot

This malicious chatbot called FraudGPT was discovered after the emergence of another similar bot called WormGPT, which enabled users to create viruses and phishing emails. The creator of FraudGPT started promoting this harmful chat application on a hacker forum, claiming that it would revolutionize the way people operate.

Understanding FraudGPT

FraudGPT is a tool that has been circulating on the dark web shortly after the popularity of the ChatGPT generative AI chatbot. It offers online criminals a more efficient way to launch phishing scams and develop dangerous software. This tool is currently being sold on the Telegram network and several dark web markets.

Pricing and Features of FraudGPT

FraudGPT is available for a subscription fee ranging from $200 per month to $1,700 per year. According to cybersecurity firm Netenrich, this tool can be used for various offensive purposes such as spear phishing email creation, tool creation, carding, and more. It also enables the construction of hacking tools, malware, harmful code, leaks, and vulnerabilities in enterprise systems. Additionally, FraudGPT can be used as a learning resource for aspiring criminals.

FraudGPT Creator’s Additional Activities

The creator of FraudGPT is also involved in selling stolen credit card numbers and providing instructions on conducting fraud. It is possible that the chatbot service incorporates this stolen data. The creator charges a monthly fee of $200, which is relatively more expensive than WormGPT’s monthly fee of 60 Euros.

Defending Against FraudGPT

As AI advancements provide new attack angles, it is essential to focus on prevention. To defend against FraudGPT and similar threats, organizations can take the following measures:

BEC-Specific Training

Organizations should develop comprehensive training programs to counter business email compromise (BEC) attacks, including those supported by AI. The training should educate employees about the nature of BEC dangers, how AI can amplify them, and the tactics used by attackers. This training should be regularly updated and integrated into employees’ professional development.

Enhanced Email Verification Measures

Implementing strict email verification policies can protect organizations from AI-driven BEC attacks. This includes setting up email systems that flag communications containing words associated with BEC attacks, such as “urgent,” “sensitive,” or “wire transfer.” Organizations can also establish systems to detect emails that impersonate internal executives or vendors. These measures ensure that potentially harmful emails are carefully analyzed before any action is taken.

Overall, it is important to be aware of the risks posed by malicious chatbots like FraudGPT and use technology ethically and responsibly. With the rise of AI in various domains, cybersecurity measures need to be strengthened to protect against evolving threats.

Summary: Rising Threat: The Emergence of Fraudulent Chatbots Poses a Real Danger

A developer has created a harmful AI chatbot called “FraudGPT,” which enables cybercriminals to carry out malicious activities. This dangerous tool is being advertised on the dark web and is designed for offensive purposes such as spear-phishing, creating harmful software, and developing hacking tools. It can also teach aspiring criminals how to code and hack. The creator of FraudGPT charges a monthly fee for its use and may also sell stolen credit card numbers and other hacker-obtained data. To defend against FraudGPT and similar threats, organizations should prioritize BEC-specific training and implement enhanced email verification measures.

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