Experts suspect insider in hackers bid to steal £220m

Friday, 18 March 2005, 1:41 PM EST

Detectives are investigating the possibility of insider involvement in a daring electronic bid to steal £220m from the London headquarters of a Japanese corporate bank.

Sumitomo called police last October when suspicions surfaced that hackers were trying to infiltrate its computer systems. An undercover operation foiled plans to transfer the money into 10 bank accounts around the world and the cyber crime was thwarted with no cash lost.

By Rosie Cowan at Guardian Digital.

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