Men found guilty of botched £229m high-tech bank heist

It would have been Britain’s biggest bank robbery – an elaborate scheme to steal £229 million from the London branch of Sumitomo Mitsui by smuggling hackers into the premises after-hours to install keylogging software onto terminals.

Once the spyware was in place, it was designed to secretly record the usernames and passwords of bank employees, allowing a gang to transfer money to accounts controlled by their accomplices overseas.

Yesterday 61-year-old Hugh Rodley and Soho sex shop owner David Nash, 47, were convicted at Snaresbrook crown court for their part in the sophisticated operation.

The attack, which was thwarted by the Japanese bank, underlines the importance of protecting against spyware and…

Read more in my article on the Naked Security website.

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Graham Cluley is a veteran of the cybersecurity industry, having worked for a number of security companies since the early 1990s when he wrote the first ever version of Dr Solomon's Anti-Virus Toolkit for Windows. Now an independent analyst, he regularly makes media appearances and is an international public speaker on the topic of cybersecurity, hackers, and online privacy. Follow him on Twitter, Mastodon, Threads, Bluesky, or drop him an email.