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Home GEEK NEWS

Europol takes down hackers who allegedly stole over $100 million in crypto from celebs

by Admin-NEWSGL
February 10, 2021
in GEEK NEWS
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Eight males have been arrested within the UK for his or her function in a spate of hacks on US celebs, per Europol, after the criminals broke into the victims’ telephones to steal over $100 million in cryptocurrencies. The suspects, aged 18 to 26, had been half of a bigger gang that was additionally busted in Malta and Belgium and primarily focused high-profile People, together with sports activities stars, influencers and musicians and their members of the family.

Beginning final Spring, the community of round a dozen criminals started utilizing SIM-swap assaults to entry the victims’ telephone numbers and apps by altering their passwords. In addition they hijacked social media accounts to put up content material and ship messages masquerading as their targets.

SIM-swapping includes hackers taking management of an individual’s telephone quantity by deactivating their SIM and porting the quantity over to their very own SIM card. That is usually achieved with the assistance of an insider on the focused telephone service or by way of social engineering ploys, corresponding to phishing, in keeping with regulation enforcement.

In accordance with authorities, the prison community was reprimanded after a sweeping multilateral investigation that concerned brokers from Europol, the UK’s Nationwide Crime Company, the US Secret Service, Homeland Safety Investigations, the FBI and the Santa Clara California District Legal professional’s Workplace. These arrested now face prosecution for offences below the Laptop Misuse Act, alongside fraud and cash laundering, and extradition to the US.

“In addition to inflicting lots of misery and disruption, we all know [the network] stole giant sums from their victims, from both their financial institution accounts or bitcoin wallets,” Paul Creffield, head of operations within the NCA’s Nationwide Cyber Crime Unit, stated in an announcement.

SIM-swapping and voice phishing are on the rise in Europe and the US. To forestall these kind of assaults, Europol is advising individuals to maintain their system’s software program updated, to restrict data-sharing on-line and to make use of two-factor authentication for on-line companies.



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