Barclays Cyber Raid: Arrests Over Stolen £1.3m

Eight men have been arrested after a gang stole more than £1m from a high street bank by taking control of one of its computer systems.

The money was stolen from a Barclays branch in Swiss Cottage, London, earlier this year, using a device known as a "keyboard, video and mouse" (KVM) switch.

The hardware, which can be purchased online for as little as £10, allowed the gang to transmit the contents of the computer's desktop and take control of the machine remotely.

It is believed the device was installed by a man who pretended to be an IT engineer to gain access to the branch.

A KVM device similar to the one used to steal money from Barclays accounts

Some £1.3m was withdrawn from accounts, although much of the money has since been recovered.

Detective Inspector Mark Raymond, of the Metropolitan Police's Central e-Crime Unit (PeCU), said: "Those responsible for this offence are significant players within a sophisticated and determined organised criminal network, which used considerable technical abilities and traditional criminal know-how to infiltrate and exploit secure banking systems."

The men, aged between 24 and 47, are in custody at various police stations in London, where they are being held on suspicion of conspiracy to steal and conspiracy to defraud.

Thousands of credit cards and people's personal data were seized following searches of properties in Westminster, Newham, Camden, Brent and Essex, including one described by detectives as a control room for the Barclays theft.

The arrests come after four men appeared in court accused of a failed attempt to take control of computers at a Santander branch in southeast London, again using a KVM device.

Police said they foiled a "very significant and audacious cyber-enabled offence" that would have cost the bank millions of pounds.

The use of KVM devices to commit "low risk, high financial yield cyber-enabled crime" is on the rise, according to the Metropolitan Police.

A spokesman for the force said the latest arrests followed a "long-term, intelligence-led operation" involving PeCU and Barclays, whose security team detected the theft.

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