Feeds

UK bank chief stung in ID theft scam

HBOS boss conned

Beginner's guide to SSL certificates

Updated Identity fraudsters have claimed the prize scalp of the chief exec of HBOS bank.

Accounts belonging to Andy Hornby, 41, who earns an estimated £1m a year, were frozen after unauthorised withdrawals of at least £7,000 from his accounts. UK tabloid The Sun reports that crooks used an old bank statement from Hornby to pose as the bank chief.

Hornby, who took over as chief exec of HBOS in 2006, was reportedly told of the breach while he was on holiday. The exact mechanism of the audacious scam is unclear, but it seems that a fraudster succeeded in persuading HBOS to issue replacement cards or other account credentials.

A suspected crook has been captured on CCTV withdrawing money from a HBOS branch and a cashpoint machine, The Sun reports.

HBOS declined to discuss the alleged fraud, which raises questions about its internal systems as well as the care its chief exec takes with his own banking details.

The breach is hugely embarrassing, but not unprecedented. In January a thief defrauded Barclays of £10,000, having tricked staff into handing out a credit card while posing as its chairman Marcus Agius.

Last year HBOS and Barclays were among 11 UK banks warned by the Information Commissioners Office to stop the then widespread practice of dumping documents related to customer accounts in bins outside their stores. Each of the banks signed undertakings to discontinue the behaviour.

The ICO later audited HBOS after it emerged it may have been in breach of its promise to clean up its act. The follow-up action was triggered after BBC Watchdog discovered torn up bank statements that revealed customer names and account numbers and a untorn cheque for nearly £1,700 in a bin outside a HBOS branch weeks after the ICO's initial warning. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Criticism of Uber's journo-Data Analytics plan is an Attack on DIGITAL FREEDOM
First they came for Emil – and I'm damn well SPEAKING OUT
'It is comforting to know where your data centres are.' UK.GOV does NOT
Plus: Anons are 'wannabes', KKK says, before being pwned
Google's whois results say it's a lousy smut searcher
Run whois google.com or whois microsoft.com. We dare you, you PIG◙◙◙◙ER
Holy vintage vehicles! Earliest known official Batmobile goes on sale
Riddle me this: are you prepared to pay US$180k?
'Open source just means big companies can steal your code.' O RLY?
Plus: Flame of the Week returns, for one night only!
NEWSFLASH: It's time to ditch dullard Facebook chums
Everything hot in tech, courtesy of avian anchor Regina Eggbert
Hey, you, PHONE-FACE! Kickstarter in-car mobe mount will EMBED your phone into your MUG
Stick it on the steering wheel and wait for the airbag to fire
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Reducing the cost and complexity of web vulnerability management
How using vulnerability assessments to identify exploitable weaknesses and take corrective action can reduce the risk of hackers finding your site and attacking it.