Fraudulent artificial intelligence came to the market!

FraudGPT bot is a new artificial intelligence fraud tool that helps in various malicious activities. This software is a “bot without limits, rules and boundaries”, which has already been discussed about its possible risks. FraudGPT helps malicious entities design phishing emails, crack tools, and even create fake identities. The seller of this tool claims that it is active in different dark web and Telegram markets!

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The developers created FraudGPT with malicious intent, and this is not the first type of malicious AI tool. A few weeks ago, reports mentioned a tool called Worm GPT that criminals use to carry out targeted cyber attacks. WormGPT helps malicious attackers carry out sophisticated phishing attacks as well as engage in attacks that involve compromising commercial emails.
These risks have been so significant that even Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), has spoken out about the dangers of artificial intelligence. He considers artificial intelligence a transformative technology; However, there are several issues that need to be addressed.