ICC: The International Cricket Council (ICC) is said to have lost more than $2.5 million as a result of falling prey to an online scam. Although representatives of the Dubai headquarters of the global governing body declined to comment, Sources have reported that an investigation has been launched on the prevalence of phishing from a source in the United States.
ICC duped for over Rs. 20 crores
The ICC authorities are not speaking publicly about the issue at the moment since they are working with US law enforcement, but it has been found that the total amount of $ 2.5 million is the result of several instances of being defrauded. The Chief Financial Officer (CFO) and his division at the ICC’s Dubai headquarters are exposed.
While $ 2.5 million may not seem like much to a full member like the BCCI, the size of the loss is similar to four times what an Associate member with ODI status earns from the International Cricket Council annually.
What is Phishing?
Phishing is a kind of cybercrime. Scammers in this case impersonate trustworthy organisations or people to target victims via email, phone calls, or text messages. They seduce organisations or people into disclosing private information including passwords, bank account information, credit card information, and personal information like names, addresses, and phone numbers. It leads to financial losses or identity theft.
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