Tag Archive for: Interest

Hackers Exploit Interest in Criminal Version of ChatGPT to Scam Other Crooks

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A malicious version of ChatGPT designed to assist cybercriminals has ended up scamming crooks interested in buying access to the service.

In July, we wrote about WormGPT, a chatbot built from open-source code that promised to help hackers churn out phishing messages and malware in return for a monthly fee. The news set off concerns that generative AI could lower the bar for computer hacking, thus fueling cybercrime.

But in a bit of irony, it looks like the WormGPT brand has become more of a threat to hackers than to the public. Antivirus provider Kaspersky noticed several websites that claim to offer access to WormGPT, but seem designed to scam would-be customers into giving up their funds, without actually getting access to WormGPT.

The sites, which can be found on the open internet and through a Google search, have been dressed up with official-looking information about WormGPT. However, Kaspersky suspects the pages are really just phishing pages, designed to trick users in submitting their credit card information or forking over their cryptocurrency to access the malicious chatbot. 

The websites are also likely fake because the creator of WormGPT apparently abandoned the project last month after his identity was exposed. According to security journalist Brian Krebs, WormGPT’s creator is a 23-year-old Portuguese programmer named Rafael Morais, who has since backtracked on marketing his chatbot for malicious purposes. 

Following the report, the user account promoting WormGPT announced in a hacking forum that their team was bailing on the project. “With great sadness, I come to inform everyone about the end of the WormGPT project. From the beginning, we never thought we would gain this level of visibility, and our intention was never to create something of this magnitude,” the account wrote. 

Weeks before the shutdown, the official WormGPT account on Telegram also warned about scammers impersonating the chatbot’s brand. “We don’t have any website and either any other groups in any platform,” the post said. “The rest are resellers or scammers!”

“Can’t believe how people still getting scammed in 2023,” the same account later added. 

But even though WormGPT…

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Short Interest Update for Arlo Technologies, Inc. (NYSE:ARLO)

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In November, there was a sizeable reduction in the number of short positions held in Arlo Technologies, Inc. (NYSE: ARLO). As of November 30, there were 1,890,000 shares available for a short sale, representing a decrease of 30.3% from the total number of 2,710,000 shares that were available for a short sale on November 15. As a result, the days-to-cover ratio currently stands at 2.8 days. This number is derived from the fact that the daily volume of trading for shares is an average of 671,600 transactions.

It was reported that on November 11, Arlo Technologies Director Grady Summers purchased 30,000 shares of the company’s stock. This information is related to the news that we just discussed. At an average price of $3.80 per share, the total cost of purchasing all shares came to $114,000 in cash and checks. This is the price that was paid for the shares when their average price was taken into consideration. Because of the acquisition, the director now owns a total of 219,729 shares of the company. Based on the current market price, these shares have a value of approximately $834,970.20. A copy of the official paperwork that was used to disclose the acquisition can be found on the website of the Securities and Exchange Commission (S.E.C.). The Chief Executive Officer of Arlo Technologies, Matthew Blake Mcrae, purchased 20,400 shares of the company’s stock on November 9, as reported in related news regarding Arlo Technologies. The price that was paid for each share, on average, was $2.97, which resulted in the total amount spent on the acquisition of the shares being $60,588.00. As a direct result of the transaction, the Chief Executive Officer now owns a total of 1,724,039 shares of the company, which have an estimated value of $5,120,395.83. A copy of the official paperwork that was used to disclose the acquisition can be found on the website of the Securities and Exchange Commission (S.E.C.). In addition, Director Grady Summers purchased 30,000 shares of the company’s stock on Friday, November 11. At an average price of $3.80 per share, the total cost of purchasing all shares came to $114,000 in cash and checks. This is the price that was paid for the shares when their…

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Arlo Technologies, Inc. (NYSE:ARLO) Short Interest Update

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Arlo Technologies, Inc. (NYSE:ARLO – Get Rating) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,890,000 shares, a decline of 30.3% from the November 15th total of 2,710,000 shares. Based on an average daily trading volume, of 671,600 shares, the days-to-cover ratio is currently 2.8 days.

Arlo Technologies Trading Down 3.9 %

ARLO stock traded down $0.13 during midday trading on Thursday, hitting $3.20. The stock had a trading volume of 648,152 shares, compared to its average volume of 771,459. The firm has a market cap of $283.11 million, a P/E ratio of -7.09 and a beta of 1.58. Arlo Technologies has a 1-year low of $2.93 and a 1-year high of $11.79. The business has a fifty day moving average price of $4.22 and a two-hundred day moving average price of $5.59.

Insiders Place Their Bets

In other Arlo Technologies news, Director Grady Summers purchased 30,000 shares of the business’s stock in a transaction dated Friday, November 11th. The shares were bought at an average price of $3.80 per share, for a total transaction of $114,000.00. Following the completion of the acquisition, the director now owns 219,729 shares in the company, valued at $834,970.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Arlo Technologies news, CEO Matthew Blake Mcrae purchased 20,400 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were bought at an average price of $2.97 per share, for a total transaction of $60,588.00. Following the completion of the acquisition, the chief executive officer now owns 1,724,039 shares in the company, valued at $5,120,395.83. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Grady Summers purchased 30,000 shares of the business’s stock in a transaction dated Friday, November 11th. The shares were acquired at an average price of $3.80 per share, for a total transaction of $114,000.00. Following the acquisition, the director now owns…

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Dutch university gets cyber ransom money back with interest

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A Dutch university that fell victim to a massive ransomware attack has partly received back its stolen money, which in the meantime more than doubled in value, a news report said on Saturday.

The southern Maastricht University in 2019 was hit by a large cyberattack in which criminals used ransomware, a type of malicious software that locks valuable data and can only be accessed once the victim pays a ransom amount.

“The criminals had encrypted hundreds of Windows servers and backup systems, preventing 25,000 students and employees from accessing scientific data, library and mail,” the daily De Volkskrant said.

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The hackers demanded 200,000 euros ($208,000) in bitcoins.

“After a week the university decide to accede to the criminal gang’s demand,” the paper said.

“This was partly because personal data was in danger of being lost and students were unable to take an exam or work on their theses,” it said.

Dutch police traced part of the ransom paid to an account belonging to a money launderer in Ukraine.

Prosecutors in 2020 seized this man’s account, which contained a number of different crypto currencies including part of the ransom money paid by Maastricht.

“When, now after more than two years, it was finally possible to get that money to the Netherlands, the value had increased from 40,000 euros to half-a-million euros,” the paper said.

Maastricht University will now get the 500,000 euros ($521,000) back.

“This money will not go to a general fund, but into a fund to help financially strapped students,” Maastricht University ICT director Michiel Borgers said.

The investigation into the hackers responsible for the attack on the university is still ongoing, De Volkskrant added.

Read more:

Cyberattack hits Norway, pro-Russian hacker group fingered

Explainer: EU agrees rulebook for ‘Wild West’ crypto markets

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