Alleged Members of Nigerian Cybercrime Ring Arrested in Lagos
- Group TMT used phishing campaigns to scam 500,000 companies
- Result of year-long probe by Interpol, Group-IB, police
Three alleged members of a prolific Nigerian cybercrime ring have been arrested in Lagos, part of a larger group that’s distributed malware, phishing campaigns and business email compromise scams affecting some 500,000 companies around the world.
The hackers, linked to a gang dubbed TMT, were brought in after an investigation by Singapore-based cybersecurity firm Group-IB, Interpol and the Nigerian police force. The suspects are alleged to have used phishing links and mass emailing campaigns under the guise of purchasing orders, product inquiries and even Covid-19 aid, infecting organizations and siphoning funds from businesses and individuals. The group is believed to have compromised government and private sector companies in more than 150 countries since 2017, including the U.S., Japan and the U.K., according to a statement from Group-IB on Wednesday.