Rakesh Krishnan, a security researcher for Netenrich, recently reported in a blog that he had discovered evidence of a model known as FraudGPT.
Under the nickname CanadianKingpin, the culprit of this programme asserts that FraudGPT may be used to generate malicious code, produce undetectable malware, locate leaks, and pinpoint vulnerabilities. The undetectable malware can circumvent conventional security measures and make it challenging for antivirus software to find and eliminate threats.
Identification of Non-Verified by Visa (Non-VBV) cards, which enables hackers to execute unauthorized transactions without additional security checks, is another feature of FraudGPT. Additionally, the programme has the ability to automatically create convincing phishing pages that look like authentic websites, which raises the success rate of phishing attempts.
FraudGPT may design various hacking tools that are suited to particular targets or exploits in addition to creating phishing pages. Furthermore, it can search the internet for secret hacker organizations, illicit websites, and markets where stolen data is sold.
Additionally, the application can create phishing emails to trick people into falling for scams. FraudGPT can also produce content to teach coding and hacking methods, giving cybercriminals resources to advance their skills. Finally, it helps in identifying cardable sites where credit card information can be stolen and used for unauthorized purchases.
Since July 22, 2023, FraudGPT has been making the rounds in darknet forums and Telegram channels. It may be obtained through membership for $200 per month, $1,000 for six months, or $1,700 for a year. Although the large language model upon which this model is based is unknown, the author asserts that it has amassed more than 3,000 verified sales and reviews.