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Cybercriminals have taken advantage of the popularity of ChatGPT, an AI-based chatbot, to launch a new phishing scam. 

Bitdefender Lab researchers have uncovered an alarming new phishing campaign that uses a copycat of the ChatGPT platform to swindle eager investors in Ireland, Australia, Germany, Denmark, and the Netherlands.

The attack is a text-generating exploit that takes advantage of the immense stardom ChatGPT has gained since its launch in November 2022. 

Bitdefender warns that the new scam is a “highly sophisticated financial scam” and suggests users exercise caution when considering any offers for investment opportunities.

According to a recent report from Bitdefender’s Antispam Labs, this scam involves malicious actors sending unsolicited emails with deceiving subject lines.

“The email appears to offer recipients little information unless they access the embedded link, of course,” Bitfinder said.

“Although fake ChatGPT apps have surfaced on both Google and Apple app stores in the past couple of weeks, offering users monthly or weekly based subscriptions to use the tool, scammers behind this particular scheme go above and beyond to dupe consumers.”

The malicious email, purportedly sent by ChatGPT, contains an embedded link that leads them to a fake version of the AI tool, which then requests personal data such as banking card details, email address, identification credentials, and phone number to proceed.

Those who provide the requested information receive a call from an individual claiming to represent a London-based firm called Import Capital. The caller speaks Romanian and asks victims to invest in crypto and international stock markets. 

Scammers then ask permission to use their financial information to calculate median daily salary, passive income sources, working hours, and current income satisfaction from their victims. Furthermore, they ask for a €250 investment followed by the last six digits of a valid ID card.

As scams of this type become increasingly prevalent, all users need to protect their personal data and be cautious when responding to emails or clicking on links in emails.

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