Privacy Ninja



        • Secure your network against various threat points. VA starts at only S$1,000, while VAPT starts at S$4,000. With Price Beat Guarantee!

        • API Penetration Testing
        • Enhance your digital security posture with our approach that identifies and addresses vulnerabilities within your API framework, ensuring robust protection against cyber threats targeting your digital interfaces.

        • On-Prem & Cloud Network Penetration Testing
        • Boost your network’s resilience with our assessment that uncovers security gaps, so you can strengthen your defences against sophisticated cyber threats targeting your network

        • Web Penetration Testing
        • Fortify your web presence with our specialised web app penetration testing service, designed to uncover and address vulnerabilities, ensuring your website stands resilient against online threats

        • Mobile Penetration Testing
        • Strengthen your mobile ecosystem’s resilience with our in-depth penetration testing service. From applications to underlying systems, we meticulously probe for vulnerabilities

        • Cyber Hygiene Training
        • Empower your team with essential cybersecurity knowledge, covering the latest vulnerabilities, best practices, and proactive defence strategies

        • Thick Client Penetration Testing
        • Elevate your application’s security with our thorough thick client penetration testing service. From standalone desktop applications to complex client-server systems, we meticulously probe for vulnerabilities to fortify your software against potential cyber threats.

        • Source Code Review
        • Ensure the integrity and security of your codebase with our comprehensive service, meticulously analysing code quality, identifying vulnerabilities, and optimising performance for various types of applications, scripts, plugins, and more

        • Email Spoofing Prevention
        • Check if your organisation’s email is vulnerable to hackers and put a stop to it. Receive your free test today!

        • Email Phishing Excercise
        • Strengthen your defense against email threats via simulated attacks that test and educate your team on spotting malicious emails, reducing breach risks and boosting security.

        • Cyber Essentials Bundle
        • Equip your organisation with essential cyber protection through our packages, featuring quarterly breached accounts monitoring, email phishing campaigns, cyber hygiene training, and more. LAUNCHING SOON.

Europol: 18k Money Mules Caught Laundering Money from Online Fraud

Europol: 18k Money Mules Caught Laundering Money from Online Fraud

Europol has announced the arrest of 1,803 money mules out of 18,351 identified following an international money-laundering crackdown operation codenamed “EMMA 7.”

As its name suggests, this was the seventh EMMA (European Money Mule Action) operation, with the first taking place in 2016.

The operation relied on a large-scale collaboration of law enforcement agencies in 27 countries between September 15 and November 30, 2021.

The countries involved in this worldwide crackdown on money laundering are Australia, Austria, Belgium, Bulgaria, Colombia, Czech Republic, Estonia, Finland, Greece, Germany, Hong Kong, Hungary, Ireland, Italy, Moldova, Netherlands, Poland, Portugal, Romania, Singapore, Slovak Republic, Slovenia, Sweden, Switzerland, Spain, United Kingdom, United States.

Also Read: PDPA Breach Penalty Singapore: How Can Businesses Prevent

During these 2.5 months, 2,503 individual investigations led to collecting evidence and intelligence relevant to illicit online profiting and their sources.

In total, the operation prevented estimated losses of €67.5 million ($76.5 million) by stopping or reverting 7,000 fraudulent transactions across 400 financial institutes.

Most of the investigations carried out in the context of EMMA 7 focused on the international dimension of the money muling phenomenon and resulted in the identification of 324 recruiters.O

Operation EMMA 7 (Europol)

A vital part of online fraud

Money mules are people who receive and transfer money on behalf of scammers and fraudsters, helping them launder the stolen amounts in exchange for a small cut.

Also Read: Data Protection Authority GDPR: Everything You Need To Know

We have seen people signing up for this role out of desperation, and we have also covered cases of fraudsters forcing their victims to become money mules by threatening them.

Even though money mules aren’t taking part in the scams, they are still a vital link of the online crime chain, enabling actors to “clean” the money trace and enjoy the fruits of their malicious labor.

“The organized crime groups do this (recruit mules) by preying on groups such as students, immigrants, and those in economic distress, offering easy money through legitimate-looking job adverts and social media posts,” the Europol said.

“Ignorance is not an excuse when it comes to the law and money muling; they are breaking the law by laundering the illicit proceeds of crime.”

Be aware of jobs with suspicious signs like bloated income promises, no interview requirements, or the responsibilities focusing mainly on moving money around. In such cases, the chances of this being an offer from a money mule recruiter are high.



Subscribe to our mailing list to get free tips on Data Protection and Data Privacy updates weekly!

Personal Data Protection


We have assisted numerous companies to prepare proper and accurate reports to PDPC to minimise financial penalties.


Click one of our contacts below to chat on WhatsApp

× Chat with us