Gang arrested for hacking Dh7 million from Dubai exchange companies accounts

Gang arrested for hacking Dh7 million from Dubai exchange companies accounts

The Dubai Police have arrested a cyber crime gang who were able to transfer more than Dh7 million from exchange companies in Dubai. Abdul Hamid, a Pakistani heavy machinery dealer, said the hacker intercepted his UK suppliers’ emailed invoices for orders worth about £65,000 (Dh358,882). “I was stunned. The hacker had been stalking me online, waiting until I reached a price agreement with the supplier. He then sent me fake invoices and emails posing as the supplier, so he could get the money instead.” he said. According to police a gang of Asians and Africans work with hackers in order to enter different websites and systems of different companies here in Dubai in order to transfer money inside and outside the country.