Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud
Resecurity has uncovered a cybercriminal group known as “GXC Team”, which specializes in crafting tools for online banking theft, ecommerce fraud, and internet scams. Around November 11th, 2023, the group’s leader, operating under the alias “googleXcoder”, made multiple announcements on the Dark Web. These posts introduced a new tool that incorporates Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and Business E-Mail Compromise (BEC) scams.