Operation Chargeback: 4.3m Cardholders Affected, Eur 300m in Damages
Posted2 months agoActive2 months ago
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CybersecurityLaw EnforcementFinancial Crime
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Financial Crime
Europol's Operation Chargeback resulted in the takedown of cyber fraud networks affecting 4.3 million cardholders and €300 million in damages, with the HN community praising the global cooperation that led to the operation's success.
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kilibe
2 months ago
Impressive takedown in Operation Chargeback—dismantling networks that preyed on 4.3 million victims across 193 countries is a stark reminder of how cyber fraud's reach knows no borders, yet neither does justice when agencies sync up like this. Kudos to Europol, Eurojust, and the global partners for turning years of intel into swift action; securing €35M in assets is no small win against laundered shadows. De Bolle's words ring true—this is the blueprint for outpacing evolving threats. How might we see AI or blockchain forensics supercharge these ops next? Grateful for the transparency; onward to safer digital lanes.
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