Leaders Opinion: After WormGPT, FraudGPT Makes it Easier for CybercriminalsLeaders Opinion

The emergence of these AI-powered tools poses a significant threat to enterprises.
In the dark corners of the internet, a disturbing development has recently come to light, thanks to the efforts of Netenrich security researcher Rakesh Krishnan. It's a model known as FraudGPT, and it has been circulating on darknet forums and Telegram channels since July 22, 2023. What sets this model apart is that it's available through a subscription pricing model: $200 per month, $1,000 for six months, or $1,700 for a year. Aswin Sreenivas, Head of Data Science/Business Intelligence/Customer Insights at StarHub, offers a thought-provoking insight into this disturbing development: “The evolution of Generative AI has led to concerns over criminal use, exemplified by WormGPT and FraudGPT. Born from GPT-J, WormGPT creates malware without limitations, while FraudGPT crafts undetectable
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