Meta, the parent company of Facebook and Instagram, published a report this Wednesday (3) to warn of the dangers associated with today’s topics. As an example, he cited a growing number of hacks, malware, and other scams that abuse ChatGPT searches.
Guy Rosen, Meta’s director of security, spoke to Engadget about the matter and stated that the “[golpes] of ChatGPT are the new ones [golpes] of cryptocurrencies”.
That is, the scammers are the same, they just changed their approach to target a larger number of potential victims.
facebook and cryptocurrencies
Going back to January 2018, Facebook banned all ads linked to Bitcoin and other cryptocurrencies from its platform. At the time, they said that such products were “often associated with deceptive or deceptive promotional practices”.
Bitcoin was at an all-time high of $20,000 after rising 1,940% last year. Moreover, the fever of Initial Coin Offerings (ICOs) also marked the period.
That is, many inexperienced people entered the market because of this valuation, a full board for scammers. However, the ban tarnished the fair industry’s reputation due to its ubiquity.
More than a year later, Mark Zuckerberg’s social network has reconsidered its decision. In May 2019, it reverted to allowing cryptocurrency-related ads. As early as late 2021, Facebook’s name for Meta, is embracing the metaverse, NFTs, and everything else related to the industry. It did not take long.
Meta is now concerned about ChatGPT
Reaching 100 million users in just two months, ChatGPT has become the fastest growing software in history, leaving giants like TikTok and even Facebook and Instagram far behind.
However, scammers take advantage of this craze to make victims. According to Meta’s report, the attack methods are the most diverse, including phishing, malicious extensions, advertisements and bogus applications.
“As an industry, we have seen this in other hot topics of their time, such as cryptocurrency scams fueled by the massive interest in digital currencies”Guy Rosen, director of security at Meta, told Engadget. “So from a bad actor point of view, ChatGPT is the new cryptocurrency.”
At first glance, the tool above seems genuine. Over 10,000 users and a 4.5 star rating is enough to fool even the most experienced users.
“These families of malware — including Ducktail, NodeStealer, and newer malware masquerading as ChatGPT and other similar tools — target people through malicious browser extensions, ads, and various social media platforms with the aim of serving unauthorized ads from compromised corporate internet accounts.”noted Meta in another, more technical article.
Finally, scammers aside, both cryptocurrencies and artificial intelligence are two great technologies that add value to our modern life. For example, in some cases the two are already used together.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
