Tag: Interpol
$1bn Korean bust is tip of SE Asian cybercrime iceberg
Authorities in Korea and Beijing dismantled a sprawling voice phishing syndicate responsible for financial losses totaling US$ 1.1 billion. But South-East Asian observers believe this to be only the tip of an impenetrable iceberg of cybercrime in South-East Asia that is rapidly starting spread around the globe. The Korean bust was part of an Interpol-co-ordinated global operation involving law enforcement from 40 countries, territories, and regions and has ended with the arrest of over 5,500 financial crime suspects and the seizure of more than US$400 million in virtual assets and government-backed currencies.
Exclusive: Banks face a growing physical security threat
Banks, traditionally the main target for cybercriminal groups, are now being attacked not only by new online hacking techniques but also by a growing range of physical hacking tools and techniques. While financial institutions have high levels of cybersecurity and strong physical security, they currently face a growing threat from combined physical and digital assaults. “Physical security and cybersecurity convergence in the business environment. A favorite weapon in the hacker arsenal is the Flipper Zero, an inexpensive pocketable device that enables you to hack into nearby smartphones and IT systems,” says Tim Grieveson, Senior Vice President of Global Cyber Risk, BitSight.
Interpol demands global action to tackle cybercrime
Interpol is demanding that the world’s governments and business leaders act together to stem the rapidly rising global tide of cybercrime. Speaking this week at the Global Cybersecurity Forum in Riyadh, Interpol's assistant director of cybercrime operations, Bernardo Pillot, urged the world’s governments and business leaders to adopt a more collective approach to online dangers.
Interpol-Afriapol success and 200,000 phishing victims – August 18th
Discord.io data leak Discord.io exposes the personal data of more than 760,000
Too little too late for Interpol
Interpol's latest bust may look like a victory, but critics contend that its approach is outdated, ineffective, and all too often political.