FBI Bust Weird Hacking Group Who Stole $1.3 Billion

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Operation Wire Wire, and Operation Rewire were conducted by the FBI lead to the arrest of over 74 people, who were responsible for the overall theft of more than $1.3 billion US dollars.

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Since the early 2010s, cyberhacking and technology-based crime has taken a dramatic turn – stealing information, identity, and money is now easier than ever before. But just as the justice system reached breaking point – just as the cybercriminals thought they’d got the upper hand, the FBI and the DOJ stepped in, flexed their muscles, and proved, once again, that you don’t mess with the American government.

Since then, two colossal anti-hacking operations have torn apart cybercrime gangs, and over 100 people have ended up behind bars as a result. Let’s take a look at the fascinating unfolding of Operation Wire Wire, and it’s even more disruptive follower, Operation ReWire.

In just one year, over $1.3 billion was stolen at the hands of a simple and sophisticated cyber scam known as BEC. If not for these perfectly-timed FBI operations, potentially billions more would have been swept away into the dark web, never to be seen again.

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