Operation Atlantic, a joint initiative by law enforcement agencies from the U.S., UK, and Canada, has made significant progress in combating "Approval Phishing" scams. Launched in March, the operation involves the UK's National Crime Agency, the U.S. Secret Service, and Ontario police. It has identified over 20,000 victims and uncovered more than $45 million in stolen funds. Authorities have successfully frozen approximately $12 million in illicit proceeds.