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Barclays: 8 Arrested For Hacking Computer And Stealing $2M

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Mani
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Eight men were arrested by London police for infiltrating the computer system of a branch of Barclays Bank.

Barclays: 8 Arrested For Hacking Computer And Stealing $2M

One of the accused posed as an information technology engineer and installed a “keyboard, video and mouse” device to facilitate the group’s ability to transfer £1.3 million ($2.1 million) remotely to several accounts.

Second Time In A Week

Last week, the Metropolitan Police said it detained twelve men for their attempt to hack into Banco Santander, S.A. (NYSE:SAN) computers. The Met efforts thwarted...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports