Banks are hit by largest cybercrime ever detected
The days of criminals putting a stocking over their face and stealing cash with a sawn-off shotgun over a bank counter, or masterminding events such as the Great Train Robbery, are largely over.
In the 21st Century, there has been a rise of sophisticated fraudsters operating in gangs to steal large sums from behind their computer screens instead, and it is causing banks a severe headache.
In the latest instance dubbed the largest ever cyber-crime the world has seen, fraudsters were sending money direct from banks to themselves and making cash machines pay out cash.
This is Money has been steadily contacted by readers in the past few years over fraud and reported on the rising numbers of individuals who have fallen victim to fraudsters in a variety of ways – from vishing to phishing and viruses to number spoofing.