Email accounts hacked, leading to unauthorised bank transactions

Email Hacked, CEO Fraud, Email Scam and Invoice Fraud Investigation Service in Hong Kong

Digitpol has seen an increase in hacking incidents targeting email accounts of Microsoft 365 services and business domains, hackers are targeting email accounts in Hong Kong and specific domains connected to the banking and financial industry. Hacked email accounts are been used to commit further crimes such as invoice fraud and steal client data to carry out extortion attacks. Digitpol has secured dozens of accounts and installed robust firewalls and managed security applications to prevent hacking.

Hacked email accounts can lead to unauthorized transfer of funds in a fraud known as CEO Fraud, Email Fraud, Internet Fraud and Banking Scams in which are on the rise in Hong Kong. Digitpol’s operational units deploy daily to assist with the recovery of funds and seizure of rogue bank accounts that are used to facilitate the transfer of scammed funds, Digitpol assists with tracing the funds transferred overseas in cooperation and liaising with International Police and Banks. Digitpol has key relationships with the global banking industry.

If you suspect that you are, or have been, a victim of a crime such as email hacking, banking fraud, email or internet fraud,  the time to act is the most important element. The first approach is of upmost importance, a police report is to be filled at the Hong Kong Police Force, the report needs to be filled instant as the crime is discovered. If the report is filled in time there is a high possibility that the fraudster’s bank account can be seized and the funds frozen.

To file a Police report in Hong Kong, this can only be done in person at the police station or by the E-Crime service. The Police will first need to be satisfied that a crime is actually committed, this is done by the examination of evidence and the evidence of a crime. If sufficient evidence is presented the Police will take action. Digitpol can assist with compiling further evidence into a report to assist the investigation and ensure the case receives the right attention.

Digitpol can assist foreign firms and local by providing on the spot support and the collection of evidence, if and when possible, Digitpol in cooperation with the Police can investigate further. Digitpol can engage a legal partner to act on behalf of victims when the recovery of losses becomes a civil matter.

According to the Hong Kong Police Force, technology crime has remained an operational priority of the Commissioner of Police since 2012. In 2015, the Police Force established the new Cyber Security and Technology Crime Bureau so as to allocate extra manpower to combat and prevent technology crimes. Since 2014 there were more than 2,000 reported cases of online business fraud, and the pecuniary loss hit almost $50 million. Besides email scams, other common types of online business fraud often involve e-banking, e-auctions, e-purchases, online trading and the misuse of credit cards.

If your company has been targeted by  hacked email accounts leading to Internet Fraud, CEO Fraud or Email Fraud and funds have been transferred to a bank account in Hong Kong or China, we can help you, but only if you act fast and if you have the proof. If Digitpol is notified in time, Digitpol will stop the funds from been transferred further and assist with all matters such as reporting the crime to the local Police.

 

Digitpol is available 24/7.

Phone HK: +85253360558 / +85239733884 or Europe: +31639220420

Email: info@digitpol.com