WCSG News

8 arrested in cyber theft from Barclays Bank - Sep 20th, 2013 - International

— British police say they have arrested eight men on suspicion of stealing 1.3 million pounds ($2 million) from a Barclays Bank branch by tapping into its computers.

The gang is accused of installing a device on the bank's computer system that allowed it to carry out the cyber theft.

The men, aged between 24 and 47, are being questioned about conspiracy to steal and conspiracy to defraud U.K. banks.

Police said Friday that cash, jewels and thousands of credit cards have been found in searches at addresses in the greater London area.

The arrests follow a failed attempt to use similar technology to rob the Santander bank last week.

Police say that in both cases a gang member posed as an engineer and installed devices on the bank's computers.