23 May 2018
https://aciworldwide.webex.com

Barclays employee accused of acting as inside man for £1.25m cyber-heist

19 February 2014  |  4639 views  |  0 Barclays branch sign

A Barclays employee acted as an inside man for a criminal gang which attached a piece of hardware to a computer at the branch where he worked and used it to steal £1.25 million, a court has heard.

Southwark Crown Court was told that Duane Jean-Jacques helped the crooks connect a keyboard video mouse (KVM) device to a computer at the Swiss Cottage branch of Barclays last April.

The device enabled the gang to access the branch's computers remotely. They are then accused of using Jean-Jacques' login details to make 128 transfers from six business accounts.

The court was told that when police searched defendant Lanre Mullins-Abudu's home they found a paper note in his toilet cistern with a "crib sheet" of people's compromised personal banking data as well as a KVM switch with a mobile router attached.

Jean-Jacques, Mullins-Abudu and three other men are on trial for fraud and theft-related offences.

Mullins-Abudu is also accused of taking part in an a similar attempted heist on a Santander Bank branch in September. On that occasion, a man - not currently on trial - allegedly posed as an engineer from BT OpenReach to get access to a restricted area of the branch and attach a KVM device.

Jean-Jacques, Mullins-Abudu and the other three defendants deny all the charges. The trial continues.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Police arrest eight over £1.3m Barclays branch cyber-theft

Police arrest eight over £1.3m Barclays branch cyber-theft

20 September 2013  |  8570 views  |  0 comments | 8 tweets | 7 linkedin
12 arrested over multi-million pound Santander cyber-heist plot

12 arrested over multi-million pound Santander cyber-heist plot

13 September 2013  |  6643 views  |  0 comments | 4 tweets | 7 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit aciworldwide.webex.comVisit response.ncr.comVisit www.niceactimize.com

Top topics

Most viewed Most shared
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
9933 views comments | 16 tweets | 28 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
8734 views comments | 6 tweets | 5 linkedin
Japanese banks join quantum computing hubJapanese banks join quantum computing hub
7398 views comments | 8 tweets | 5 linkedin
SEC lures wannabe crypto investors with fake ICO siteSEC lures wannabe crypto investors with fa...
6910 views comments | 7 tweets | 11 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
6677 views comments | 17 tweets | 22 linkedin