New Delhi. The International Cricket Council ICC has become a victim of cybercrime, in which a whopping amount of around $2.5 million (Rs 21 crore) has been swindled through wire transfers. However, the actual amount has not been confirmed. According to ESPN Cricinfo, the alleged scam took place in 2022 in the USA.
Marg used Business E-mail (BEC) to defraud the fraudsters. This is also called e-mail account compromise, which the Federal Bureau of Investigation (FBI) regards as one of the most financially damaging online crimes.
ICC has kept silence
At present, the ICC is silent about this incident. He has reported the suspected fraud to law-enforcement agencies in the United States. the matter is being investigated. According to ESPN Cric Info, the ICC was updated about the incident last year. At present, it is not yet known which route the fraudsters adopted to withdraw money from the ICC account.
Know what is BEC scam
BEC scams are a form of phishing where companies and individuals are tricked. Persuaded to do wire transfer. The FBI said in a Congressional report last November that its Internet Crime Control Center had received more than $2.4 billion in BEC complaints in 2021.
The FBI report states that the BEC scam is developing rapidly. The scam allegedly spread through fraudulent e-mails. In this, fraudsters mail to send money to the account by creating a fake e-mail of the Chief Executive Officer of the institution.