ICC hit by phishing scam, loses around USD 2.5 million

icc hit by phishing scam loses around usd 2 5 million – The News Mill

ANI Photo | ICC hit by phishing scam, loses around USD 2.5 million

The International Cricket Council (ICC) was the target of cybercrime involving a wire transfer of a sizeable sum of money, roughly USD 2.5 million.
As per ESPNcricinfo the alleged scam originated in the USA and took place in 2022, albeit the precise amount involved has not been verified.
Business e-mail compromise (BEC), also known as e-mail account compromise, is the method that fraudsters used to carry out the financial scam. According to the Federal Bureau of Investigation (The ICC is keeping quiet about the matter because law enforcement in the USA has been notified of the possible fraud, and an investigation is currently being conducted. The ICC Board was informed about the incident last year, it has been discovered.

It is yet unknown exactly what steps the fraudsters used to transfer the money from the ICC account, including whether they directly contacted someone at the head office in Dubai or chose to target an ICC vendor or consultant. Furthermore, it is unclear if the transaction was a single payment or a number of wire transactions.
It is yet unknown exactly what steps the fraudsters used to transfer the money from the ICC account, including whether they directly contacted someone at the head office in Dubai or chose to target an ICC vendor or consultant. Furthermore, it is unclear if the transaction was a single payment or a number of wire transactions.
A BEC scam is a type of phishing in which organisations and people are duped into sending wire transfers. In a Congressional Report (filed to the US government) from last November, the In the report, the According to the

This report is filed by ANI news service. TheNewsMill holds no responsibility for this content.

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