Thieves transfer funds over wireless Skip to content

Thieves transfer funds over wireless

Icelandic National Broadcasting Service, RÚV, reports that the Reykjavík Police believe that “computers of innocent people” were used to transfer stolen funds in the so-called Internet-banking case. Last month, the police arrested a man on the grounds of transferring funds of more than ISK 2 million, on four separate occasions, into another bank account. He admitted to taking the money but has refused to disclose his accomplices.

According to today’s Fréttabladid the police have traced a few of the transfers to computers in Reykjavík. The owners of those computers, all of whom use a wireless Internet connection, are not under suspicion.

Fréttabladid explains that computer thieves can use their computers to access wireless connections in the neighborhood and if the connection is not secure they are able to operate without any restrictions; for example effectively transfer funds between bank accounts as was done in the Internet-banking case.

The police advises computer owners who use a wireless Internet connection to make sure they are secure.

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