Massive email fraud bust - Will it make a dent?
US prosecutors say 281 suspected criminal hackers around the world have been arrested as part of a massive takedown operation against so-called business email compromise operations. That's the type of caper in which crooks hijack executives' email accounts, or impersonate the staffers, to trick colleagues into wiring funds to fraudsters' accounts.
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[theregister.co.uk...]
167 arrested in Nigeria ... gives new meaning to Nigerian Scams ... Whew!
Some money was recovered. A rather small amount ...
For every bad actor taken out there's ten more still in operation (or a magnitude greater!). Still, good news that some have been taken off the grid.
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