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News

Santander attack illustrates ease of cyber invasion

McAfee : 16 September, 2013  (Technical Article)
McAfee comments on the low level of technical competence needed by cyber criminals to make significant breaches on the UK banking system
Santander attack illustrates ease of cyber invasion

According to new reports, twelve men have been arrested over a conspiracy to hack banking computers to steal millions. The attackers were targeting a branch of Santander remotely using a ‘keyboard video mouse’ device.

Raj Samani, CTO, McAfee EMEA comments on the need for greater awareness of cyber risks and the ease with which attacks can take place.

Raj explains, "A recent KPMG report highlighted the imminent cyber threat that is currently hanging over UK banks, which has now been illustrated by this attempted attack on Santander.

These arrests prove that the ease with which anybody can conduct what is described as a very significant and audacious cyber-enabled offence, requires limited technical knowledge, and questionable moral compass. Simply plugging in a physical device that can be attained from any number of legitimate outlets demonstrates that the bar required to be a ‘cyber-criminal’ is probably at its lowest level.

The governments new scheme around cyber security for the UK financial services sector was launched earlier this year, seeking to ensure greater awareness of cyber risks. This scheme should support with delivering better protection against cyber threats moving forward.”

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