Saturday, June 22, 2024

Interpol Arrested 3,500 Suspects and Seized $300 Million

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.

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.


Latest articles

PrestaShop Website Under Injection Attack Via Facebook Module

A critical vulnerability has been discovered in the "Facebook" module (pkfacebook) from for...

Beware Of Illegal OTT Platforms That Exposes Sensitive Personal Information

A recent rise in data breaches from illegal Chinese OTT platforms exposes that user...

Beware Of Zergeca Botnet with Advanced Scanning & Persistence Features

A new botnet named Zergeca has emerged, showcasing advanced capabilities that set it apart...

Mailcow Mail Server Vulnerability Let Attackers Execute Remote Code

Two critical vulnerabilities (CVE-2024-31204 and CVE-2024-30270) affecting Mailcow versions before 2024-04 allow attackers to...

Hackers Attacking Vaults, Buckets, And Secrets To Steal Data

Hackers target vaults, buckets, and secrets to access some of the most classified and...

Hackers Weaponizing Windows Shortcut Files for Phishing

LNK files, a shortcut file type in Windows OS, provide easy access to programs,...

New Highly Evasive SquidLoader Attacking Employees Mimic As Word Document

Researchers discovered a new malware loader named SquidLoader targeting Chinese organizations, which arrives as...
Guru baran
Guru baran
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.

Free Webinar

API Vulnerability Scanning

71% of the internet traffic comes from APIs so APIs have become soft targets for hackers.Securing APIs is a simple workflow provided you find API specific vulnerabilities and protect them.In the upcoming webinar, join Vivek Gopalan, VP of Products at Indusface as he takes you through the fundamentals of API vulnerability scanning..
Key takeaways include:

  • Scan API endpoints for OWASP API Top 10 vulnerabilities
  • Perform API penetration testing for business logic vulnerabilities
  • Prioritize the most critical vulnerabilities with AcuRisQ
  • Workflow automation for this entire process

Related Articles