• Thu. Oct 12th, 2023

Major Cybercrime Crackdown: African Joint Forces Thwart $40M Heist

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ByEsme Greene

Sep 10, 2023
Major Cybercrime Crackdown: African Joint Forces Thwart $40M Heist
Esme Greene
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In a world where the digital realm becomes increasingly treacherous, Africa is making its mark in cybersecurity. Over a span of four months, a joint initiative between Interpol and Afripol successfully arrested 14 key suspects believed to be behind a massive cyber heist. The operation spanned across 25 nations in the African continent and spotlighted over 20,000 questionable networks with possible connections to this staggering sum of $40 million.

As the digital age propels forward, cybercrimes like phishing, online scams, and corporate email fraud are becoming rampant, especially in Africa. These are not just mere digital thefts but have severe repercussions on the economy and personal lives.

One of the notable successes of this mission was in Cameroon, where three individuals were nabbed for the fraudulent sale of artwork, valued at a whopping $850,000. The sweep didn’t stop there. Two prominent darknet portals were neutralized, cutting off potential future threats.

The meticulous work behind the operation wouldn’t have been possible without crucial intel from corporate partners. Giants in the digital security realm, Group-IB and Trend Micro, shared invaluable data, shining a light on nearly 4000 malicious servers, over 14000 compromised IP addresses, an alarming 1400+ phishing domains, and numerous other potential threats.

This isn’t Africa’s first rodeo in cyber defense. The continent witnessed its first Africa Cyber Surge operation last year between July and November. That campaign resulted in 10 arrests, dismantling a darknet marketplace in Eritrea peddling hacking instruments and neutralizing an extensive 200,000 malicious online infrastructures.

Such successful operations only emphasize the importance and effectiveness of international collaboration in this battle against cybercrime. As African authorities and international agencies unite their efforts, cybercriminals now have a formidable force to reckon with.

 
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Esme Greene

Esme brings a wealth of knowledge and experience to our website, specializing in all aspects of DarkWeb security. With a deep understanding of the intricate workings of the DarkWeb and its associated cybersecurity risks, Esme curates insightful and informative content for our readers.