New AI Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attacks
Jul 26, 2023
Cyber Crime / Artificial Intelligence
Following the footsteps of WormGPT , threat actors are advertising yet another cybercrime generative artificial intelligence (AI) 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. The cybersecurity firm said the offering has been circulating since at least July 22, 2023, for a subscription cost of $200 a month (or $1,000 for six months and $1,700 for a year). "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, c