The suspects whose names have not been revealed as yet were reportedly arrested after a joint operation of the International Criminal Police Organisation (INTERPOL), Group-IB, a cyber-security company and the Nigeria Police Force.
In a statement released by INTERPOL on Wednesday the 25th of November 2020, three Nigerians were arrested after a year-long investigation nicknamed “Operation Falcon”.
The statement said that the suspects have allegedly developed phishing links, domains, and mass mailing campaigns and the impersonated representatives of organisations there.
They then used these campaigns to spread 26 malware programmes, spyware, and remote access tools which included AgentTesla, Loki, Azorult, Spartan, and the nanocore and Remcos Remote Access Trojans.
The programmes were used to gain access and monitor the systems of victims, organisations and individuals, before they began with scamming and syphoning funds.
According to the Group-IB, the profile gang is believed to have compromised government and private sector companies in more than 150 countries since 2017.
INTERPOL’s Cyber crime Director, Craig Jones, stated that the group was running a well-established criminal business and they have used many tools and techniques to make sure that they get as much money as possible.
It has been stated that the analysis of the gangs operations showed that they focused on mass email phishing campaigns distributing popular malware strains under the pretence of purchasing orders, product inquiries, and even COVID-19 aid impersonating legitimate companies.