Operation Haechi IV: Interpol Arrest 3,500, Seize Assets Worth $300M

In a sweeping operation announced on Tuesday, the international police organization, Interpol has recently detained around 3,500 culprits who were allegedly linked to a cybercrime incident. 

The agency has also seized assets worth $300 million, across 34 countries. The operation, labelled as Haechi IV, furthermore suspended over 80,000 suspicious bank accounts and cautioned governments of the onset of new types of NFT and AI scams.

Stephen Kavanagh, Interpol’s Executive Director of Police Services informs that “The seizure of USD 300 million represents a staggering sum and clearly illustrates the incentive behind today’s explosive growth of transnational organized crime[…]This vast accumulation of unlawful wealth is a serious threat to global security and weakens the economic stability of nations worldwide.”

This year, Interpol witnessed a massive 200% surge in arrests regarding incidents that involved malicious hacks. 

For instance, Comcast suffered a data breach that affected around 56 million accounts, potentially resulting in the compromise of all Xfinity accounts. On Tuesday, ransomware group Rhysida leaked the upcoming Marvel video game from PlayStation, along with the passport information of the game’s developers. Also, last month, 23andMe suffered a loss of biodata of 6.9 million customers in a hack.

In this recent Interpol operation, e-commerce, corporate email compromise, and investment fraud accounted for the majority of the arrests

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