How Hackers Can Use ChatGPT to Steal Browser Recovery Phrases

Meta Platforms has disrupted 10 malware strains hackers promoted through fake ChatGPT and productivity browser extensions.

The social media company shared 1,000 malicious links and browser extensions it believes hackers used to capitalize on the artificial intelligence (AI) hype.

The Dark Side of ChatGPT

Attackers conceal malware inside seemingly-innocent files, mobile apps, and browser extensions from official app stores. They use topics attracting current media attention to attract clicks or downloads.

As a precaution, it is worth noting that ChatGPT only offers a web interface. It does not have a mobile app or use a browser extension.

Screenshot of Fake ChatGPT Browser Extension | Source: Meta

Hackers pivoted to Google Bard, another AI tool, after Meta and other industry peers detected malicious behavior around ChatGPT. In certain cases, malicious actors can access social media business accounts linked to a compromised account.

Europol recently warned that criminals could use ChatGPT to send convincing phishing emails that mimic genuine corporate communication.

AI and the Hallucination Problem

Victims lost about $3 billion in 2022 from crypto crimes stemming from phishing emails, among other methods. MetaMask users recently lost funds when a phishing website harvested their secret recovery phrases.

The well-known hallucination problem involves the AI’s ability to draft misinformation convincingly. In addition to helping novices learn to code, AI tools can also write malicious software for criminals.

Coinbase CEO Brian Armstrong supports AI innovation despite Elon Musk’s recent plea for companies to halt the training of AI models. Musk and other notable leaders signed an open letter calling for sound AI governance.

DeepMind CEO Says Human-Level Intelligence Not Far Away

Crypto.com introduced Amy, an AI assistant, to help users learn about the crypto industry through up-to-date information on specific tokens and projects. It will also grant users access to historical events and prices.

According to a company statement, Amy will draw on ChatGPT’s language model but leverage crypto use cases to provide actionable results for crypto users. The tool will not provide any financial advice.

A senior executive at DeepMind, Demis Hassabis, predicts AI could develop human-level intelligence in a few years.

FalconX floated an upcoming AI tool called Satoshi to offer traders customized strategies. It will be able to use social media data for information on a specific asset or evaluate a portfolio’s performance.

Satoshi could also offer advice on where to get the cheapest trades. However, it still needs to address counterparty risk before its launch.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

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