The ICC has allegedly misplaced near USD 2.5 million after turning into a sufferer of cyber crime, in line with a report.
The incident of phishing, which originated within the USA, happened final yr, ESPNCricinfo reported.
“The route used by fraudsters to commit the financial scam was Business E-mail Compromise (BEC), also known as e-mail account compromise, which the Federal Bureau of Investigation (FBI) describes as ‘one of the most financially damaging online crimes’,” the report said.
An investigation is underway because the ICC, which isn’t commenting on the matter, reported the incident to legislation enforcement company within the US.
How the rip-off happened will not be but identified.
“It is not yet known what route exactly the fraudsters took to get the money transferred from the ICC account – whether they had got in touch directly with someone at the head office in Dubai, or had targeted an ICC vendor or consultant.
“It is also not confirmed whether the transaction was done in one single payment or there were multiple wire transfers.” Phishing is an try by cybercriminals posing as authentic establishments, normally through electronic mail, to acquire delicate info from focused people. It is likely one of the most typical scams occurring all over the world.
A BEC rip-off is a type of phishing the place corporations and people are tricked and satisfied into making wire transfers.