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FraudGPT is up for sale on Dark Web marketplaces apart from Telegram at a starting price of $200 per month and up to $1,700 for an annual subscription.
Recently Hackread shared details of a malicious chatbot, WormGPT, created to help cybercriminals carry out illegal activities. Now, another chatbot has emerged on the Dark Web called FraudGPT. It is a subscription-based, AI-driven chatbot that can perform various functions for cybercriminals to help them successfully launch phishing campaigns and scams.
Regenerative AI models have dramatically changed cyberspace, with one after another chatbot surfacing on the web. It was, therefore, impossible for threat actors to ignore their rising popularity and extensive reach. That’s why we keep hearing about fake versions of ChatGPT, and now cybercriminals prefer generative AI jailbreaking for creating malicious chatbots to cause further devastation.
According to a blog post from Netenrich’s threat researchers, authored by Rakesh Krishnan and published on 25 July 2023, FraudGPT surfaced on Telegram Channels on 22 July 2023. FraudGPT is a malicious AI bot crafted to facilitate spear phishing emails, create cracking tools, and carding.
In addition, it can assist attackers in writing enticing emails to trap targets. Moreover, FraudGPT is efficient enough to select the best services or sites to target and defraud users. Here’s a breakdown of its key features.
- Assisting in hacking
- Locating carding sites
- Writing malicious code and scam letters or pages
- Creating undetectable malware, phishing pages, and hacking tools
- Finding targetable sites/pages/groups, vulnerabilities, leaks, and non-VBV bins
FraudGPT is up for sale on Dark Web marketplaces apart from Telegram at a starting price of $200 per month and up to $1,700 for an annual subscription. FraudGPT creator claims to have secured 3000 sales and reviews for the chatbot.
It is worth noting that the creator is new on Telegram. Reportedly, the threat actor created their Telegram channel on 23 June and launched the malicious chatbot later. The actor is a verified vendor on numerous underground dark web marketplaces, including WHM, Empire, AlphaBay, World, Versus, and Torrez.
Given the ease with which these platforms get scammed, the FraudGPT creator is looking for a seamless revenue stream through Telegram. The creator is registered on a Dark Web form with a Gmail email address.
The emergence of malicious chatbots like FraudGPT and WormGPT is a concerning sign. Cybercriminals can now use AI for their nefarious objectives and ensure a higher success margin for phishing scams. These tools can help attackers generate malicious texts and lure targets to BEC or many other email-based attacks.
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