Phishing scam hits cricket! ICC loses Rs. 20 crore

In a horrifying phishing scam, the International Cricket Council (ICC) has lost around Rs. 20 crore. The International Cricket Council (ICC) has been hit by an phishing scam! The apex international cricketing body which overlooks and administers cricket across the world lost a whopping amount of money - around US $2.5 million which roughly translates to Rs. 20 crore, ESPNcricinfo reports. However, the exact amount of loss in this online scam has not been revealed, but the report confirms that the scam wasv initiated in the USA in 2022. Scammers used Business Email Compromise (BEC) technique to transfer the amount from ICC. It is also known as email account compromise scam. The Federal Bureau of Investigation (FBI) mentions it as "one of the most financially damaging online crimes" of...

The ICC has allegedly lost close to USD 2.5 million after becoming a victim of cyber crime, according to a report. The incident of phishing, which originated in the USA, took place last year, 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 stated. An investigation is underway as the ICC, which is not commenting on the matter, reported the incident to law enforcement agency in the US. How the scam took place is not yet known. "It is not yet known what route exactly the fraudsters took to get the money transferred from the ICC account - wheth...

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Phishing scam hits cricket! ICC loses Rs. 20 crore

ICC falls prey to online scam, loses close to 2.5 million USD: Report