Aug 06, 2024Ravie LakshmananEmail Security / Financial Fraud INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of … [Read more...] about INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore
Interpol
Interpol Arrest Leader of SilverTerrier Cybercrime Gang Behind BEC Attacks
A year-long international investigation has resulted in the arrest of the suspected head of the SilverTerrier cybercrime group by the Nigeria Police Force. "The suspect is alleged to have run a transnational cybercrime syndicate that launched mass phishing campaigns and business email compromise schemes targeting companies and individual victims," Interpol said in a … [Read more...] about Interpol Arrest Leader of SilverTerrier Cybercrime Gang Behind BEC Attacks
Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities
Three Nigerian citizens suspected of being members of an organized cybercrime group behind distributing malware, carrying out phishing campaigns, and extensive Business Email Compromise (BEC) scams have been arrested in the city of Lagos, Interpol reported yesterday. The investigation, dubbed "Operation Falcon," was jointly undertaken by the international police organization … [Read more...] about Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities