Computer hackers have reportedly applied sophisticated password-detection software application to steal £229million from one of the largest banking groups from Japan.
The reports unveiled that a security supervisor from the bank helped Belgian hackers to enter into the offices of Sumitomo Mitsui Banking Corporation in London back in 2004.
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The company accounts targeted by the hackers included those of Toshiba, Mitsui OSK Lines, Sumitomo Chemicals, and Nomura Asset Management.
The incident triggered high alert on banking security at that time, as the City of London Police and the National High Tech Crime Unit kicked off investigating the offence.
The security details were exploited to transfer money in accounts set up at various locations, such as Singapore, Dubai, Hong Kong, and Spain.
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