You are here: silicon.com > Software > Security Strategy

Security Strategy

£220m spyware bank robbers thwarted

UK police swoop...

By Will Sturgeon

Published: 17 March 2005 09:20 GMT

The UK's National Hi-Tech Crime Unit has foiled the world's largest potential bank robbery.

Thieves were plotting a high-tech coup, with the aid of spyware, to steal £220m from the London offices of Japanese bank Sumitomo Mitsui.

But the NHTCU was onto the plot as early as last October after it was discovered the bank's system had been compromised.

Keylogging software was being used to relay passwords and access information to the criminals who then intended to transfer the funds electronically.

A man in Israel was arrested after trying transfer £13.9m of the funds.

According to reports the bank claims to have not suffered any financial losses during the compromised period. The bank would make no further comment while the investigation was ongoing.

The case highlights the potential and the growing menace of spyware.

silicon.com will bring you more details on this case as we get them. At the time of writing the NHTCU was unavailable for comment.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
Helpdesk Team Leader

Helpdesk Team Leader / IT Support Team Leader with EFT / Banking / Electronic Funds Transfer / Credit Card / Payments Support experience. Windows ...

Support Engineer

IT Support / Helpdesk / EFT (Electronic Funds Transfer) experience highly desirable but not essential Support and maintenance of Electronic Funds ...

XFB File Transfer Messaging Su

XFB File Exchange / Transfer application Support - My client who are a leading Multinational company based in Czech Republic, require an XFB File ...

Agenda Setters 2008
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: