ISR News: Hollywood-Style Cyber Crooks
Excerpts From the FT.com’s Megan Murphey
In a plot seemingly cribbed from a Hollywood film, a “dishonest, bold” gang of cyber-crooks raided the City premises of Sumitomo Mitsui Banking at night to install “keylogger” programmes to record employees’ log-in details, prosecutors allege.
“The attempt was made by surreptitiously entering the bank at night, by corrupting its computer system and by attempting to electronically transfer money,” said prosecutor Simon Farrell, QC. “A number of people were involved in different ways to steal the money and some were closely connected to its distribution around the world.”
Jurors were told how the keylogger software could capture staff passwords and log-in details surreptitiously by taking frequent pictures of their computer screens. The fraudsters would then return to the bank to retrieve the screen shots and plug the information into electronic transfer requests.
Filed under: Breach, D&O Liability, Financial, ISR News, Insider Threat, PCI, Sarbanes-Oxley, Uncategorized, hackers, identity-theft, malware, privacy
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