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This cybercrime group stole $30 million from banks and telecoms in a four-year crime spree

Posted on November 6, 2022August 27, 2023 By bot

Several African banks, as well as a number of financial institutions and telecommunications operators in Asia and Latin America, have been victims of a highly sophisticated, well-planned heist campaign, which saw the crooks walk away with at least $30 million.  Cybersecurity experts Group-IB discovered the robbery after being brought in to investigate suspicious cyber-activity. Together with French telecom company Orange’s CERT Coordination Center, it found that a French-speaking cybercrime group, dubbed OPERA1ER, planned the whole thing for roughly four years, and eventually initiated more than 30 heists.
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