CyberNews Briefs

281 suspects arrested in massive crackdown against BEC scammers

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

Bob Gourley

Bob Gourley

Bob Gourley is the co-founder and Chief Technology Officer (CTO) of OODA LLC, the technology research and advisory firm with a focus on artificial intelligence and cybersecurity which publishes OODALoop.com and CTOvision.com. Bob is the author of the book The Cyber Threat. 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.