Suspected bank-infecting OPERA1ER crime boss cuffed
International cops have arrested a suspected"key figure" of a cybercrime group dubbed OPERA1ER that has stolen as much as $30 million from more than 30 banks and financial orgs across 15 countries.
The criminals have been active for at least four years, according to law enforcement and security researchers. During that time, they've targeted financial firms and mobile banking services with malware, phishing campaigns, and large-scale business email compromise scams. BEC continues to be billion-dollar business for cybercrooks — and a top priority for law enforcement. In 2022 alone, the FBI said it received 21,832 BEC complaints with adjusted losses over $2.7 billion [According to Interpol, which led the international task force in Operation Nervone to take down the gang's ringleader, OPERA1ER has stolen at least $11 million — but possibly as much as $30 million — from organizations across Africa, Asia, and Latin America.
"Operation Nervone is a testament to what we can achieve through international collaboration and intelligence sharing,""This successful operation marks a significant step in our ongoing mission to dismantle organized cybercrime networks, showcasing the power of collective action in stemming the tide against cybercrime.
Crooks then use the stolen credentials from these software nasties to gain admin-level credentials for Windows domain controllers on the network and banks' back-end applications, such as their SWIFT messaging clients, which financial institutions use to send and receive details of transactions from one another.
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