London police foil huge bank raid

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BBC


Police in London say they have foiled one of the biggest attempted bank thefts in Britain.

The plan was to steal £220m ($423m) from the London offices of the Japanese bank Sumitomo Mitsui.

Computer experts are believed to have tried to transfer the money electronically after hacking into the bank's systems.

A man has been arrested by police in Israel after the plot was uncovered by the National Hi-Tech Crime Unit.

http://news.bbc.co.uk/1/hi/uk/4356661.stm

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1. Update: London Evening Standard

By Justin Davenport Crime Correspondent, Evening Standard
17 March 2005

Snip:

Financial institutions in the City have been warned by detectives of the threat posed by cyber criminals.

They used "keylogging" technology that enabled them to learn account numbers, passwords and other sensitive information.

...

Officers there said there had been an attempt to transfer 20million euros, about £13.9 million, into the account "by deception in a sophisticated manner".

http://www.thisislondon.com/news/articles/17315431?source=Evening%20Standard&ct=5