What's FraudGPT and how criminals are using this AI chatbot to target innocent internet users

economictimes.indiatimes.com:

Chatbot, is causing havoc by exploiting unsuspecting users with its deceptive tactics. This sophisticated tool, based on the popular ChatGPT-3 technology, is being utilized by cybercriminals to craft fraudulent content and conduct malicious activities, putting individuals and businesses at risk. What is FraudGPT? FraudGPT is an AI Chatbot that leverages the capabilities of generative models to produce realistic and coherent text.

It operates by generating content based on user prompts, enabling hackers to craft convincing messages that can trick individuals into taking actions they normally wouldn't. How Does FraudGPT Work? FraudGPT, like other AI-powered Chatbots, is a language model trained on vast amounts of text data, allowing it to generate human-like responses to input queries. Cybercriminals exploit this technology to create deceptive content for various malicious purposes.1. Phishing Scams: FraudGPT can generate authentic-looking phishing emails, text messages, or websites that trick users into revealing sensitive information, such as login credentials, financial details, or personal data.2. Social Engineering: The Chatbot can imitate human conversation to build trust with unsuspecting users, leading them to unknowingly divulge sensitive information or perform harmful actions.3. Malware Distribution: FraudGPT can create deceptive messages luring users to click on malicious links or download harmful attachments, leading to malware infections on their devices.4. Fraudulent Activities: The AI-powered Chatbot can help hackers create fraudulent documents, invoices, or payment requests, leading individuals and businesses to fall victim to financial scams.How to Stay Safe from FraudGPT?As the popularity of AI Chatbots