Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

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
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The State of Cybersecurity Incident Response
In this report learn how enterprises are building their incident response teams and processes, how they research potential compromises, how they respond to new breaches, and what tools and processes they use to remediate problems and improve their cyber defenses for the future.
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-25273
PUBLISHED: 2021-07-29
Stored XSS can execute as administrator in quarantined email detail view in Sophos UTM before version 9.706.
CVE-2021-36741
PUBLISHED: 2021-07-29
An improper input validation vulnerability in Trend Micro Apex One, Apex One as a Service, OfficeScan XG, and Worry-Free Business Security 10.0 SP1 allows a remote attached to upload arbitrary files on affected installations. Please note: an attacker must first obtain the ability to logon to the ...
CVE-2021-36742
PUBLISHED: 2021-07-29
A improper input validation vulnerability in Trend Micro Apex One, Apex One as a Service, OfficeScan XG and Worry-Free Business Security 10.0 SP1 allows a local attacker to escalate privileges on affected installations. Please note: an attacker must first obtain the ability to execute low-privile...
CVE-2021-23418
PUBLISHED: 2021-07-29
The package glances before 3.2.1 are vulnerable to XML External Entity (XXE) Injection via the use of Fault to parse untrusted XML data, which is known to be vulnerable to XML attacks.
CVE-2020-5329
PUBLISHED: 2021-07-29
Dell EMC Avamar Server contains an open redirect vulnerability. A remote unauthenticated attacker may exploit this vulnerability to redirect application users to arbitrary web URLs by tricking the victim users to click on maliciously crafted links.