Over 3,500 cybercriminals were arrested and $300M worth of assets were seized by Europol, the South Korean government, along with cooperation from law enforcement agencies from 34 countries on a large-scale sting operation labeled "HAECHI IV". The operation spanning from July to December 2023, targeted predominantly email, e-commerce, and investment cyber fraudsters.
Revealed in a presentation at last month's Black Hat Middle East and Africa conference, was a corporate information leak tactic targeting Saudi Arabian workers using fraudulent LinkedIn profiles. The LinkedIn attacks start with fraudulent accounts pretending to be Muslim women in their 20s who say they work in Southeast Asia. Once the connection is made, attempts to harvest sensitive corporate information through long, seemingly legitimate professional conversations ensue.
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