UK: Barclays cybertheft involved cooperation of employee

Steve Gold has an update to a breach noted previously on this blog involving a gang that transferred funds from some Barclays customers’ accounts. At the time, it was suspected that one of the gang members had posed as an engineer to install a KVM device that enabled them to access the bank’s computer and transfer funds. Now it appears that they had inside help. Gold reports:

In a trial at Southwark Crown Court this week, it emerged that a bank employee is alleged to have helped the gang attach a KVM (keyboard/video/mouse) adapter to the bank’s PC, so allowing members of the gang to access the computer remotely.

The gang is then alleged to have uses the employee’s credentials to make a total of 128 transfers from six business accounts.

Read more on SC Magazine.

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