Law enforcement officials at home and abroad have arrested 281 individuals over a span of four months, in a massive crackdown on various business email compromise scams, the Justice Department announced yesterday.
Dubbed Operation reWired, the coordinated campaign began in May 2019 and has resulted in 72 arrests in the U.S., and 167 in Nigeria, which is known to be a hotbed of BEC, "419" and romance scams. Arrests also took place in Turkey (18), Ghana (15), France, Italy, Japan, Kenya, Malaysia and the U.K.
In BEC campaigns, cybercriminals generally trick business employees into sending large sums of funds to an attacker-controlled bank account. These scams are typically accomplished by sending spoofed or compromised emails that at first glance appear to be from an employer or business partner who is asking the recipient to execute a financial transaction.
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