202121 Sep

Authorities Bust Large European Cybercrime Operation

Summary

Europol reported that a large cybercriminal ring that has been running a very profitable and equally illegal criminal operation for years has now been busted. The cybercriminal gang had alleged ties to the Italian mafia and engaged in various forms of online fraud and scams, primarily focused on phishing and vishing. The criminals used various tools and social engineering techniques to obtain the personal banking details primarily of Italian citizens, but their victims also included residents of several other European countries, including England, Germany and Ireland. The crime ring stole significant amounts of money from its victims, with thousands of Euros transferred from many accounts. The police also reports that the group was not afraid to resort to real-life violence and classic mafia intimidation tactics.

Source: Enigmasoftware

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