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View Full Version : Hackers Almost Steal $400m


forwardone
03-17-05, 01:27 PM
What chance does the little guy have when this can happen to one of the `big boys`?

http://www.computerweekly.com/articles/article.asp?liArticleID=137369&liArticleTypeID=1&liCategoryID=2&liChannelID=28&liFlavourID=1&sSearch=&nPage=1



Thursday 17 March 2005http://www.computerweekly.com/images/s.gifPolice foil £222m computer fraud on London bank

http://www.computerweekly.com/images/s.gifPolice have foiled one of the world’s biggest ever attempted computer thefts.

Criminals attempted to steal over $400m (£222m) from the London offices of the Japanese bank Sumitomo Mitsui, after hacking into the company’s network.

The National Hi-Tech Crime Unit said a man has been arrested in Israel after it uncovered the plot. The man reportedly tried to transfer almost £14m into an account there.

The investigation was started last year after it was discovered that hackers had breached the bank’s systems.

Hackers managed to install remote key-logging software on some of the bank’s PCs to allow them to farm account number, passwords and other sensitive information, to enable them to carry out the attempted theft.

The arrested man has been charged with money laundering and deception. The police investigation is continuing.

The bank said it had not suffered any financial loss as a result of being hacked.

Key-logging software is increasingly being bundled with viruses which are often sent with spam e-mail.


Geoff

betrdanevr
03-17-05, 07:12 PM
It certainly makes one wonder about the keylogging software that the hackers planted and if it wasn't detectable with the "stuff" we know and use. Perhaps much more sophisticated??

Looks like the bank's very lucky not to have suffered a loss.

forwardone
03-17-05, 10:25 PM
It has been rumoured to be an `inside` job. I guess it`s always going to be an uphill struggle to stay ahead of the game as far as Internet Security is concerned.

Geoff