Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities

Interpol Arrests 3 Nigerian BEC Scammers For Targeting Over 500,000 Entities 1

Three Nigerian citizens suspected of being members of an organized cybercrime group behind distributing malware, carrying out phishing campaigns, and extensive Business Email Compromise (BEC) scams have been arrested in the city of Lagos, Interpol reported yesterday.

The investigation, dubbed “Operation Falcon,” was jointly undertaken by the international police organization along with Singapore-based cybersecurity firm Group-IB and the Nigeria Police Force, the principal law enforcement agency in the country.

About 50,000 targeted victims of the criminal schemes have been identified so far, as the probe continues to track down other suspected gang members and the monetization methods employed by the group.

Group-IB’s participation in the year-long operation came as part of Interpol’s Project Gateway, which provides a framework for agreements with selected private sector partners and receives threat intel directly.

“The suspects are alleged to have developed phishing links, domains, and mass mailing campaigns in which they impersonated representatives of organizations,” Interpol said. “They then used these campaigns to disseminate 26 malware programmes, spyware and remote…

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