After almost four years there is finally news regarding the now famous break in at Sumitomo Mitsui bank branch in London. The “Serious Organised Crime Agency” (as opposed to non-serious organized crime) has arrested and charge four UK men including a Lord of perpretating the cyber heist at Sumitomo in October of 2004. You will remember that the bank robbers infiltrated the bank posing as cleaning staff and installed hardware key stroke loggers on PCs. They then used information they gained on SWIFT operations to transfer 220 million pounds to ten different accounts around the world.
At the time there were no reports of arrests except for one guy in Israel. Maybe Google news is not the best research tool but I have been tracking this since the first announcement and this is the first news in three and a half years. I hope we learn more as this case develops. There are lessons to be learned from the Sumitomo case that other banks around the world should be paying attention too.
