Thursday, February 22, 2024

Spain Arrests 34 Cybercriminals Who Stole Data of 4 Million People

Law enforcement officials have successfully apprehended a notorious criminal organization responsible for perpetrating computer scams and stealing sensitive data belonging to more than four million individuals.

Law enforcement officials arrested a criminal organization consisting of 34 cybercriminals. During the operation, authorities conducted 16 searches in various towns and seized several items, including two simulated firearms, a katana, a basketball, 80,000 euros in cash, four high-end vehicles, a database containing information on 4 million individuals, a computer, and electronic equipment worth thousands of euros.

Close to €3 million was illegally obtained by the group through various fraudulent means such as smishing, phishing, vishing, the son-in-distress scam, manipulation of technology company delivery notes, and pretending to be employees of an electricity supply company while engaging in vishing campaigns.

Spoofing Techniques

Smishing: Smishing is a text message tricking recipients into clicking a link or sending private information to an attacker.

Phishing: Phishing is a social engineering and scam where attackers deceive people into revealing sensitive information or installing malware such as ransomware.

Vishing: Vishing is a phone scam to steal confidential information from individuals or organizations.

Cryptocurrency assets were purchased by the leaders of the network using their profits. They also created fake documentation and used spoofing techniques to conceal their identities.

A specialized agent from the Central Cybercrime Unit conducted an investigation and discovered a criminal network that had unlawfully accessed the databases of several financial and credit institutions.

The network had deposited varying sums of money from the credit institution into their customers’ accounts.

Various banks’ identities were impersonated in vishing campaigns, while electricity supply companies’ identities were used in phishing campaigns, along with the ‘son in distress’ scam. The information was utilized for these purposes.

The organization’s fraudulent scheme consisted of rerouting the products obtained from suppliers towards the organization itself, effectively sidestepping the intended recipient company that had purchased the computer and electronic goods.

The main leaders of the network have been arrested, and over 1,000 complaints have been resolved, with the possibility of identifying more perpetrators and victims.

Protect yourself from vulnerabilities using Patch Manager Plus to patch over 850 third-party applications quickly. Take advantage of the free trial to ensure 100% security.


Latest articles

Beware of New AsukaStealer Steal Browser Passwords & Desktop Screens

An updated version of the ObserverStealer known as AsukaStealer was observed to be advertised as...

US to Pay $15M for Info About Lockbit Ransomware Operator Data

In a significant move against cybercrime, the U.S. government has announced a bounty of...

Earth Preta Hackers Abuses Google Drive to Deploy DOPLUGS Malware

Threat actors abuse Google Drive for several malicious activities due to its widespread use,...

Swiggy Account Hacked, Hackers Placed Orders Worth Rs 97,000

In a startling incident underscoring the growing menace of cybercrime, a woman's Swiggy account...

Beware of VietCredCare Malware that Steals businesses’ Facebook Accounts

A new cybersecurity threat targeting Facebook advertisers in Vietnam, known as VietCredCare, has emerged....

Google Chrome 122 Update Addresses Critical Security Vulnerabilities

Google has recently unveiled Chrome 122, a significant milestone for the widely used web...

New Malicious PyPI Packages Use DLL Sideloading In A Supply Chain Attack

Researchers have discovered that threat actors have been using open-source platforms and codes for...

Live Account Takeover Attack Simulation

Live Account Take Over Attack

Live Webinar on How do hackers bypass 2FA ,Detecting ATO attacks, A demo of credential stuffing, brute force and session jacking-based ATO attacks, Identifying attacks with behaviour-based analysis and Building custom protection for applications and APIs.

Related Articles