Eight men have been arrested after a gang stole more than £1m from a high street bank by taking control of one of its computer systems. The money was stolen from a Barclays bank branch in Swiss Cottage, London, earlier this year, using a device known as a “keyboard, video and mouse” (KVM) switch. The hardware, which can be purchased online for as little as £10, allowed the gang to transmit the contents of the bank computer’s desktop and take control of the machine remotely. The men, aged between 24 and 47, are in custody at various police stations in London, where they are being held on suspicion of conspiracy to steal and conspiracy to defraud the bank. Some £1.3m was withdrawn from bank accounts, although much of the money has since been recovered. Detective Inspector Mark Raymond, of the Metropolitan Police’s Central e-Crime Unit Those responsible for this offence are significant players within a sophisticated and determined organised criminal network, which used considerable technical abilities and traditional criminal know-how to infiltrate and exploit secure banking systems. The use of KVM devices to commit “low risk, high financial yield cyber-enabled crime” is on the rise, according to the Metropolitan Police. Police said they foiled a “very significant and audacious cyber-enabled offence” that would have cost the bank millions of pounds. it really makes you wonder if your money is safe in the banks. what do you think.
Posted on: Fri, 20 Sep 2013 21:51:55 +0000
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