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4 Indonesian hackers arrested for almost $6mn int'l scam


From: Terrell Byrd <terrell.byrd () riskbasedsecurity com>
Date: Fri, 8 Oct 2021 15:47:11 -0400

https://www.sify.com/news/4-indonesian-hackers-arrested-for-almost-6mn-intl-scam-news-international-vkcgOebbdhgcj.html

Jakarta, Oct 2 (IANS) Police have arrested four Indonesian hackers on
suspicion of an international scam that harmed companies in South Korea and
Taiwan involving a $5.94 million, a police officer said.

The Indonesian Police's Director of Cyber, Brigadier General Asep Edi
Suheri, said the suspects sent fake emails with notification of a change in
the account number of a company to its partners, reports Xinhua news agency.

"Then the company partners transfer the fund to that account," Suheri
explained.

With this Business Email Compromise (BEC) fraud scheme that has been
carried out since last year, a food and beverage company SW in South Korea
lost $5.74 million, while a technology company WWHF in Taiwan lost about
$200,000.

The police have secured evidence, namely $2 million in cash, two mobile
phones, 14 automatic teller machine cards, and a number of fake company
data.

The police are still looking for a number of other suspects.
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