Interpol Operation: 14 Arrested, Allegedly Involved in Scamming Victims of $40 Million

Another Interpol operation detained 14 suspects and identified 20,674 suspected networks spread across 25 African nations that international law enforcement has connected to more than $40 million in losses due to cybercrime.

Operation Africa Cyber Surge II

The police operation, with combined efforts of Interpol, African law enforcement and private-sector security firms, commenced in April and lasted for four months. It was conducted in order to exterminate cyber malpractices like phishing, business email compromise (BEC) and other online scams. 

The international agency informed that the operation was conducted with the help and on-the-ground operational support of several infosec companies like Group-IB, Interpol and Uppsala Security. Their efforts helped in making three arrests in Cameroon related to an online scam involving the fake sale of artwork valued at $850,000.

Group-IB, that previously collaborated with Interpol on operations, gathered and communicated more than 1,000 indicators from its threat intelligence.

“Collaboration and intelligence sharing should be at the heart of cybersecurity operations, and Group-IB stands ready to make a further contribution to this end, in line with our core strategic mission of fighting against cybercrime in all its forms,” Group-IB CEO Dmitry Volkov stated on Friday.

Information gathered by Group-IB and o

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article: