Fortinet Supports Interpol Operation to Expose Global Online Fraud Ring

cyber hack network computerFortinet‘s threat intelligence reports have helped Interpol to uncover a group of fraudsters that stole more than $60 million from businesses worldwide through online scams.

Fortinet said Monday threat information cooperation between its security research unit FortiGuard Labs and Interpol led to the exposure of the cyber fraud ring behind thousands of 419, dating and Alibaba scams as well as financial account hi-jacking and payment diversion schemes.

Interpol and the Nigerian Economic and Financial Crime Commission arrested the cyber crime group’s leader during a joint operation in June.

“The best way to combat the negative impact of cybercriminals is partnership based on actionable intelligence from wide and diverse sources,” said Derek Manky, global security strategist at Fortinet.

“Fortinet is taking action to fight cybercrime not only via product and services innovation with our Fortinet Security Fabric, but also global public and private sector relationships,” Manky added.

The NATO Communications and Information Agency signed a partnership agreement with the company earlier this year as part of the alliance’s Industry Cyber Partnership framework.

Fortinet also seeks to promote collaborative threat intelligence and data sharing among organizations as a member of the Cyber Threat Alliance and the OASIS Cyber Threat Intelligence group.

You may also be interested in...

U.S. Air Force

Air Force Releases RFI for Advanced Reentry Vehicle Technology

The U.S. Air Force's nuclear weapons center has launched a market research for advanced planning efforts related to intercontinental ballistic missile and sought input from potential sources of technologies for futute reentry vehicles, including radiation hardened electronics. 


Hermeus Expands Footprint in Atlanta With New Aircraft Assembly Factory

American startup Hermeus will turn a 110,000 square-foot facility in Atlanta into an aircraft assembly factory that will accomodate structures testing and light manufacturing operations and will double as the company's headquarters for its hundreds of employees.

Virgin Orbit

Virgin Orbit’s New LauncherOne Mission to Send DOD, International Satellites to Space in June

Virgin Orbit announced on Thursday that its LauncherOne rocket is fully assembled and will soon be shipped to Mojave Air and Space Port in California for pre-launch operations. The rocket’s upcoming mission is called Tubular Bells, Part One, which will launch CubeSat satellites for the Department of Defense (DOD) and Royal Netherlands Air Force, as well as two optical satellites for SatRevolution. The launch is scheduled for June of this year.