Hacker blasts home banking security

12th August 2005, Comments 0 comments

12 August 2005, BRUSSELS — The robbing of bank accounts via the home banking system is as easy as plundering a shop with its doors open, a wanted computer hacker has declared. The 35-year-old Pieter M., of Oudenaarde, is being sought by Ghent justice authorities and was described by newspaper 'Het Laatste Nieuws' on Friday as the most important computer criminal in Belgium.

12 August 2005

BRUSSELS — The robbing of bank accounts via the home banking system is as easy as plundering a shop with its doors open, a wanted computer hacker has declared.
 
The 35-year-old Pieter M., of Oudenaarde, is being sought by Ghent justice authorities and was described by newspaper 'Het Laatste Nieuws' on Friday as the most important computer criminal in Belgium.

He robs clients of the both the ING and Key Trade banks via the computer. He cracks codes and has transferred thousands of euros over to his own account in recent weeks.

M. told the newspaper that bank security offers no protection, despite the fact the banks will claim otherwise.

The newspaper's report was picked up by much of the Belgian media on Thursday as headlines proclaimed: "Stealing via home banking is 'child's play'".

However, a spokeswoman for the ING bank in Brussels, Louise van Heel, stressed that the banks security system is safe. The bank refused though to comment further over M.'s claim: "We must still study that".

No one at Key Trade was available for comment on Thursday.

[Copyright Expatica News 2005]

Subject: Belgian news

0 Comments To This Article