Security News > 2022 > September > Germany arrests hacker for stealing €4 million via phishing attacks

Germany arrests hacker for stealing €4 million via phishing attacks
2022-09-30 14:31

Germany's Bundeskriminalamt, the country's federal criminal police, carried out raids on the homes of three individuals yesterday suspected of orchestrating large-scale phishing campaigns that defrauded internet users of €4,000,000.

The three men obtained money from their victims by sending them phishing emails that were clones of messages from real German banks.

The emails informed the recipients of imminent changes in the bank's security system, inevitably impacting their accounts.

To ensure they could continue using the bank's services, the victims were requested to log in to a phishing website, thus handing over their credentials to the crooks.

As mentioned in BKA's announcement, the threat actors even performed DDoS against the banks, hoping this would help cover up their fraudulent transactions.

If you receive an email alleging to be from your bank and asking you to take action to resolve a problem, do not click on any of the embedded buttons or URLs.


News URL

https://www.bleepingcomputer.com/news/security/germany-arrests-hacker-for-stealing-4-million-via-phishing-attacks/