Cybercriminals flee away after they rob ICC. According to International Cricket Council (ICC) report that they have been scammed out of 20 Million Dollars by cybercriminals from the United States of America. ICC has become a victim of hacktivism and robbing of around 2.5 million dollars but the exact amount of rob has not been confirmed yet.
Cybercriminals executed this damaging financial scam through Business E-mail Compromise (BEC) which is also known as E-mail Account Compromise. Federal Bureau of Investigation (FBI) called this incident as “one of the most financially damaging online crimes”.
ICC is now dead silent about the finance because the investigation is underway in the United States of America. The uncertain fraud case has been reported to Law Enforcement Agencies. It is learned that the ICC Board was updated about the incident last year. According to resources ICC was informed about the incident last year. It is still unknown way what cybercrime took to get the million dollars transferred from the ICC account. Whether they were in contact with someone at the head office in Dubai or targeted an ICC consultant.
FBI stated BEC usually involves: “scamming of a legitimate, e-mail address or the use of a nearly same address to emerge as someone known the victim. These scams begin when a victim receives incorrect wire instructions from a criminal who attempts to redirect legitimate payments to a bank account controlled by fraudsters.”
It’s not the first time when ICC victimized in an online scam, but they were scammed four times. They didn’t even know what cybercriminals are doing with their accounts when they were sitting in Dubai-Based headquarters. According to ICC reports, the recent fraud can damage the expenses of cricket. The lost money is equal to the expenses received by ICC in a year for any associate team. This scam can play the worst role to bound the development of cricket.
