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Bleeping Computer
A global stop-payment mechanism created by INTERPOL successfully recovered over $40 million stolen in a BEC attack on a company in Singapore. [...]
The Hacker News
INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of cybercrime where a malicious actor poses as a trusted figure and uses email to