Thursday, November 14, 2024
Homecyber securityInterpol Arrested 3,500 Suspects and Seized $300 Million

Interpol Arrested 3,500 Suspects and Seized $300 Million

Published on

Malware protection

In a groundbreaking initiative spanning 34 countries, INTERPOL orchestrates Operation HAECHI IV, a relentless assault on online financial crime, yielding a formidable impact.

Interpol, short for the International Criminal Police Organization, is a global entity dedicated to fostering international police collaboration and enhancing global efforts in crime control.

Delivering a resounding blow to cybercriminals, this meticulously executed operation culminates in the arrest of nearly 3,500 individuals and the confiscation of a staggering $300 million in illicit assets.

- Advertisement - SIEM as a Service

Navigating through the intricate landscape of cyber-enabled scams, investigators focus on seven distinct categories, unraveling the threads of voice phishing, romance scams, online sextortion, investment fraud, money laundering, business email compromise, and e-commerce fraud.

INTERPOL’s Global Rapid Intervention of Payments

A key element in Operation HAECHI IV’s success lies in the adept utilization of INTERPOL’s I-GRIP system, empowering investigators to freeze suspicious bank accounts and virtual asset service provider (VASP) accounts associated with criminal activity.

A strategic collaboration between Filipino and Korean authorities led to the arrest of a notorious online gambling criminal, resulting in the dismantling of an illegal gambling network.

Operation HAECHI IV’s triumph extends beyond financial gains, acknowledging the emotional and psychological toll on victims of cybercrime. 

This operation aims to safeguard not only wallets but also the well-being of individuals affected.

Adapting to a Shifting Landscape: Emerging Threats Explored

In recognition of the ever-evolving nature of cyber threats, Operation HAECHI IV takes on emerging challenges, including investment fraud involving Non-Fungible Tokens (NFTs) and the incorporation of AI and deep fake technology into scams.

By issuing Purple Notices, INTERPOL proactively alerts member countries to emerging cyber threats, showcasing a commitment to staying ahead of the curve and safeguarding the public from evolving criminal tactics.

Gurubaran
Gurubaran
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Latest articles

Windows 0-Day Exploited in Wild with Single Right Click

A newly discovered zero-day vulnerability, CVE-2024-43451, has been actively exploited in the wild, targeting Windows...

Automating Identity and Access Management for Modern Enterprises

Keeping track of who has access and managing their permissions has gotten a lot...

Finding The Right E-Commerce Platform – Comparing Reselling Solutions

If you’re looking to make some extra cash or to start a business, you...

Fortinet Patches Critical Flaws That Affected Multiple Products

Fortinet, a leading cybersecurity provider, has issued patches for several critical vulnerabilities impacting multiple...

Free Webinar

Protect Websites & APIs from Malware Attack

Malware targeting customer-facing websites and API applications poses significant risks, including compliance violations, defacements, and even blacklisting.

Join us for an insightful webinar featuring Vivek Gopalan, VP of Products at Indusface, as he shares effective strategies for safeguarding websites and APIs against malware.

Discussion points

Scan DOM, internal links, and JavaScript libraries for hidden malware.
Detect website defacements in real time.
Protect your brand by monitoring for potential blacklisting.
Prevent malware from infiltrating your server and cloud infrastructure.

More like this

Windows 0-Day Exploited in Wild with Single Right Click

A newly discovered zero-day vulnerability, CVE-2024-43451, has been actively exploited in the wild, targeting Windows...

Fortinet Patches Critical Flaws That Affected Multiple Products

Fortinet, a leading cybersecurity provider, has issued patches for several critical vulnerabilities impacting multiple...

China-Nexus Actors Hijack Websites to Deliver Cobalt Strike malware

A Chinese state-sponsored threat group, identified as TAG-112, has been discovered hijacking Tibetan community...