UAE-led global operation thwarts over 123 million cyber-fraud attempts

WAM

A UAE-led international operation targeting organised cyber crime has identified more than $39 billion in funds and digital currencies linked to fraudulent activities.

'Operation Confrontation Ghost' helped thwart more than 123 million cyber fraud attempts worldwide, and resulted in more than 960 arrests, while over 3,500 suspects and 15,500 victims were identified.

The initiative was led by the UAE Ministry of Interior and involved law enforcement authorities from 30 countries, alongside Interpol, the Global Anti-Fraud Alliance and 13 private-sector entities.

Conducted between July and September, the three-month operation targeted scams involving artificial intelligence, financial fraud through digital platforms and online extortion.

Authorities exchanged more than 9,000 pieces of intelligence, blocked 4,126 bank accounts, closed more than 570 social media accounts linked to fraud and raided 29 fraud centres.

The operation brought together law enforcement agencies and technology and financial-services companies to share intelligence, track suspected criminal activity and disrupt fraud networks.

Its results were announced on the sidelines of the 13th session of the Conference of the Parties to the UN Convention against Transnational Organized Crime in Vienna.

More from Local

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!