• Menu
  • Skip to main content
  • Skip to primary sidebar

The Cyber Security News

Latest Cyber Security News

Header Right

  • Latest News
  • Vulnerabilities
  • Cloud Services
Cyber Security News

Police Celebrate Arrest of 59 Suspected Scammers

You are here: Home / General Cyber Security News / Police Celebrate Arrest of 59 Suspected Scammers
November 15, 2022

A new month-long anti-fraud crackdown across Europe resulted in the arrest of 59 suspected scammers, in accordance to Europol.

The procedure ran all by means of Oct as portion of the 2022 e-Commerce Motion (eComm 2022) initiative. It observed 19 nations come jointly in a bid to root out criminal groups that use stolen card facts to buy large-worth merchandise from on the web shops before advertising them on at a income.

Europol’s European Cybercrime Centre (EC3) and the Merchant Risk Council led the procedure, with guidance from merchants, logistic businesses, financial institutions and payment card strategies.

✔ Approved From Our Partners
AOMEI Backupper Lifetime

Protect and backup your data using AOMEI Backupper. AOMEI Backupper takes secure and encrypted backups from your Windows, hard drives or partitions. With AOMEI Backupper you will never be worried about loosing your data anymore.

Get AOMEI Backupper with 72% discount from an authorized distrinutor of AOMEI: SerialCart® (Limited Offer).

➤ Activate Your Coupon Code


Police in collaborating nations around the world tracked the places the place fraudulently obtained items have been sent right before arresting people at all those addresses and confiscating the products.

“Investigations are continue to ongoing in a variety of nations around the world, with far more arrests expected in the coming weeks,” Europol warned.

On the net fraud can be a double blow for merchants as it not only outcomes in chargeback charges that they have to spend to the defrauded cardholder, but also the loss of any things acquired with stolen card details.

Whilst Solid Client Authentication (SCA) just lately turned obligatory across Europe underneath the revised Payment Companies Directive (PSD2), fraudsters are often searching for methods to circumvent merchant verification units.

Europol highlighted the next as the three key threats to e-commerce:

  • Phishing, vishing and smishing in which card facts are stolen by fraudsters impersonating respectable companies in emails, texts or phone calls
  • Account takeover fraud, which is normally enabled by phished or brute-forced account credentials. With entry to accounts, criminals can use saved cards for payments
  • Triangulation fraud where by unsuspecting buyers are lured to phony sites by ads or phishing e-mails. If they endeavor to invest in the non-existent goods listed on these websites they’ll also be handing over their card facts to the scammers

Some parts of this report are sourced from:
www.infosecurity-journal.com

Previous Post: «Cyber Security News Google to Pay $392m in Landmark Privacy Case
Next Post: Researchers Say China State-backed Hackers Breached a Digital Certificate Authority researchers say china state backed hackers breached a digital certificate authority»

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Report This Article

Recent Posts

  • New FjordPhantom Android Malware Targets Banking Apps in Southeast Asia
  • Qakbot Takedown Aftermath: Mitigations and Protecting Against Future Threats
  • Chinese Hackers Using SugarGh0st RAT to Target South Korea and Uzbekistan
  • Discover How Gcore Thwarted Powerful 1.1Tbps and 1.6Tbps DDoS Attacks
  • WhatsApp’s New Secret Code Feature Lets Users Protect Private Chats with Password
  • U.S. Treasury Sanctions North Korean Kimsuky Hackers and 8 Foreign Agents
  • Zyxel Releases Patches to Fix 15 Flaws in NAS, Firewall, and AP Devices
  • Zero-Day Alert: Apple Rolls Out iOS, macOS, and Safari Patches for 2 Actively Exploited Flaws
  • Google Unveils RETVec – Gmail’s New Defense Against Spam and Malicious Emails
  • North Korea’s Lazarus Group Rakes in $3 Billion from Cryptocurrency Hacks

Copyright © TheCyberSecurity.News, All Rights Reserved.