Security News > 2023 > July > New AI Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attacks

Following the footsteps of WormGPT, threat actors are advertising yet another cybercrime generative artificial intelligence tool dubbed FraudGPT on various dark web marketplaces and Telegram channels.

"This is an AI bot, exclusively targeted for offensive purposes, such as crafting spear phishing emails, creating cracking tools, carding, etc.," Netenrich security researcher Rakesh Krishnan said in a report published Tuesday.

"If your [sic] looking for a Chat GPT alternative designed to provide a wide range of exclusive tools, features, and capabilities tailored to anyone's individuals with no boundaries then look no further!," claims the actor, who goes by the online alias CanadianKingpin.

The author also states that the tool could be used to write malicious code, create undetectable malware, find leaks and vulnerabilities, and that there have been more than 3,000 confirmed sales and reviews.

The development comes as the threat actors are increasingly riding on the advent of OpenAI ChatGPT-like AI tools to concoct new adversarial variants that are explicitly engineered to promote all kinds of cybercriminal activity sans any restrictions.

Such tools could act as a launchpad for novice actors looking to mount convincing phishing and business email compromise attacks at scale, leading to the theft of sensitive information and unauthorized wire payments.

News URL

https://thehackernews.com/2023/07/new-ai-tool-fraudgpt-emerges-tailored.html