OODA Loop

Understand tomorrow, today.

281 suspects arrested in massive crackdown against BEC scammers

Cyber, News Briefs / by

An international law enforcement operation code-named Operation reWired has resulted in the arrests of 281 people suspected of carrying out business email compromise (BEC) scams. 167 arrests occurred in Nigeria and 74 in the United States.

Authorities also seized close to $3.7 million as part of the collaborative effort involving agencies from ten different countries. In addition, police officers managed to recover around $118 million in fraudulent wire transfers.

Read more: 281 suspects arrested in massive crackdown against BEC scammers

About Bob Gourley

Bob Gourley is an experienced Chief Technology Officer (CTO), Board Qualified Technical Executive (QTE), author and entrepreneur with extensive past performance in enterprise IT, corporate cybersecurity and data analytics. CTO of OODA LLC, a unique team of international experts which provide board advisory and cybersecurity consulting services. OODA publishes OODALoop.com. Bob has been an advisor to dozens of successful high tech startups and has conducted enterprise cybersecurity assessments for businesses in multiple sectors of the economy. He was a career Naval Intelligence Officer and is the former CTO of the Defense Intelligence Agency.