Massenschreiber
Beiträge: 173
Registriert: So 27. Dez 2020, 12:02
So 6. Jun 2021, 06:16
Nearly 600 Arrested In Massive Cybercrime Bust
Nearly 600 Arrested In Massive Cybercrime Bust
Last week, Interpol announced the successful conclusion of a seven-month operation into a massive cyber fraud ring operating. The perpetrators allegedly hijacked over $83 million in funds from victims during a their international crime spree.
The operation, dubbed HAECHI-I, began in September of 2020 and focused on financial cybercrime in Korea. As leads were followed over the next several months, the operation expanded to involve investigators from Cambodia, China, Indonesia, Korea, Laos, the Philippines, Singapore, Thailand, and Vietnam.
Charges have been laid for a number of different crimes, ranging from online sextortion to business email compromises schemes. In one such incident a Korean company was targeted and eventually defrauded to the tune of $3.5 million.
Invoices with modified banking information were injected into a legitimate email thread with a contractor and a whopping $7 million was redirected to accounts in Indonesia and Hong Kong.
The outcome could’ve been much worse, but because the victim notified law enforcement officials immediately the other $3.5 million was recovered when accounts were frozen.
These business email scams (BECs) have become frighteningly commonplace in recent years. In 2018 the FBI estimated that 24,000 corporate victims reported for over $5 billion in losses. Some of the hardest-hit victims have been defrauded out of tens of millions of dollars.
Read More : pg slot auto
Last week, Interpol announced the successful conclusion of a seven-month operation into a massive cyber fraud ring operating. The perpetrators allegedly hijacked over $83 million in funds from victims during a their international crime spree.
The operation, dubbed HAECHI-I, began in September of 2020 and focused on financial cybercrime in Korea. As leads were followed over the next several months, the operation expanded to involve investigators from Cambodia, China, Indonesia, Korea, Laos, the Philippines, Singapore, Thailand, and Vietnam.
Charges have been laid for a number of different crimes, ranging from online sextortion to business email compromises schemes. In one such incident a Korean company was targeted and eventually defrauded to the tune of $3.5 million.
Invoices with modified banking information were injected into a legitimate email thread with a contractor and a whopping $7 million was redirected to accounts in Indonesia and Hong Kong.
The outcome could’ve been much worse, but because the victim notified law enforcement officials immediately the other $3.5 million was recovered when accounts were frozen.
These business email scams (BECs) have become frighteningly commonplace in recent years. In 2018 the FBI estimated that 24,000 corporate victims reported for over $5 billion in losses. Some of the hardest-hit victims have been defrauded out of tens of millions of dollars.
Read More : pg slot auto