A major international cybercrime ring was dismantled after hackers stole ₹47 crore from Wisdom Finance in a two-and-a-half-hour breach. Authorities linked the operation to Dubai masterminds and arrested two Indian suspects while recovering a partial sum of stolen funds. #CybercrimeRing #InternationalHackers
Keypoints
- The cyberattack involved 1,782 unauthorized transactions executed within two and a half hours.
- The stolen funds were transferred to multiple accounts across India from foreign IPs, mainly Hong Kong and Lithuania.
- Two Indian individuals involved as facilitators were arrested, including a plumber and a digital marketing executive.
- The primary hackers and masterminds are believed to operate from Dubai, engaging international hackers and using encrypted platforms.
- Law enforcement emphasizes the importance of stringent cybersecurity measures for financial institutions to prevent such breaches.
Read More: https://thecyberexpress.com/bengaluru-ccb-cybercrime-racket-47-crore-heist/