Vulnerabilities / Threats

6/11/2018
02:36 PM
50%
50%

74 Arrested in International Email Scam Schemes

A coordinated effort has led to the arrest of 74 individuals around the world on charges of defrauding businesses and individuals.

The US Department of Justice today said it has arrested 74 individuals engaged in business email compromise (BEC) schemes, with approximately $14 million in fraudulent wire transfers recovered.

The so-called Operation Wire Wire that netted the suspects was a coordinated law enforcement effort by the DoJ, US Department of Homeland Security, US Department of the Treasury, and US Postal Inspection Service, along with law enforcement agencies from Nigeria, Poland, Canada, Mauritius, Indonesia, and Malaysia. Wire transfers are still commonly used to move money around the globe, and BEC attacks try to hijack those transfers and steal the money in motion. 

Among the 74 arrests, 42 came in the US, 29 in Nigeria, and three each in Canada, Mauritius, and Poland. 

Since the Internet Crime Complaint Center (IC3) began keeping track of BEC and its variant, email account compromise (EAC), as a complaint category, there has been a loss of over $3.7 billion reported to the IC3. 

For more, read here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
6 Ways Greed Has a Negative Effect on Cybersecurity
Joshua Goldfarb, Co-founder & Chief Product Officer, IDRRA ,  6/11/2018
Weaponizing IPv6 to Bypass IPv4 Security
John Anderson, Principal Security Consultant, Trustwave Spiderlabs,  6/12/2018
'Shift Left' & the Connected Car
Rohit Sethi, COO of Security Compass,  6/12/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-12522
PUBLISHED: 2018-06-18
An issue was discovered in perfSONAR Monitoring and Debugging Dashboard (MaDDash) 2.0.2. A direct request to /style/ provides a directory listing.
CVE-2018-12523
PUBLISHED: 2018-06-18
An issue was discovered in perfSONAR Monitoring and Debugging Dashboard (MaDDash) 2.0.2. A direct request to /etc/ provides a directory listing.
CVE-2018-12524
PUBLISHED: 2018-06-18
An issue was discovered in perfSONAR Monitoring and Debugging Dashboard (MaDDash) 2.0.2. A direct request to /lib/ provides a directory listing.
CVE-2018-12525
PUBLISHED: 2018-06-18
An issue was discovered in perfSONAR Monitoring and Debugging Dashboard (MaDDash) 2.0.2. A direct request to /images/ provides a directory listing.
CVE-2018-12026
PUBLISHED: 2018-06-17
During the spawning of a malicious Passenger-managed application, SpawningKit in Phusion Passenger 5.3.x before 5.3.2 allows such applications to replace key files or directories in the spawning communication directory with symlinks. This then could result in arbitrary reads and writes, which in tur...