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The Guardian - UK
The Guardian - UK
Technology
Bobbie Johnson, technology correspondent

High-tech bank robbery

Our lead story in this week's edition of online is an examination of the criminal gangs who commit much of the world's cyber crime.

As if by magic, the Financial Times carries a story this morning about an attempted £220m bank raid by computer hackers.

A high-technology crime ring tried to steal £220m ($421m) from the London offices of Sumitomo, the Japanese banking group, last year, in one of the most audacious thefts attempted in the City for many years.

Police have been investigating the theft since October, when the gang gained access to Sumitomo's computer systems and tried to transfer the cash electronically to 10 bank accounts around the world. However, their plan was uncovered before any cash was transferred.



The details are sketchy - was this a straight network invasion? Did they use keylogging software? Who was behind it? - but it's clear evidence that cyber crime is moving up a gear.

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