In this contributed article, editorial consultant Jelani Harper discusses generative models, synthetic data, and combating financial crimes. Generative models are gradually reshaping the nature of financial crimes. They can help and hinder both investigators and the fraudsters perpetuating criminal activity.
Generative AI Report: FraudGPT – AI Powered Fraud Begins
July 28, 2023 by Leave a Comment
Word out on the street is that FraudGPT has launched. It’s an AI bot exclusively targeted for offensive purposes, such as crafting spear phishing emails, creating cracking tools, and creating fake identities, and it signals the first major instance of a published fraud-focused AI tool. FraudGPT follows in the footsteps of WormGPT.
