The FBI is on to the threat of fraudulent emails intended to pry money from unknowing people. “Federal authorities,” reports ThreatPost, “have arrested 281 people and seized nearly $3.7 million in a coordinated effort between multiple agencies to disrupt a massive email-fraud scheme.”
“Perpetrators of a global business email compromise (BEC) scheme” ThreatPost adds, “were the target of a four-month investigation that began in May called Operation reWired, a coordinated effort by the U.S. Departments of Justice (DoJ), Homeland Security, Treasury, State and the U.S. Postal Inspection Service, working with local and state law-enforcement agencies.”
“The news comes on the heels of an alert issued by the FBI that organizations have lost $26.2 billion in the last three years to BEC schemes, which defraud victims by using emails to deceive them into sending wire transfers or personal information so cybercriminals can realize a financial gain.”
There’s more detail in the post, but be assured that the Internet can be a dangerous place, including the transfer of fradulent emails.