South Croydon man arrested in connection with bank fraud
2:10pm Tuesday 19th March 2013 in News
A man was arrested this morning in connection with an ongoing investigation into bank fraud.
The 36-year-old was arrested for conspiracy to defraud and drug offences, at an address in Benhurst Gardens, South Croydon, by the Police Central eCrime Unit (PCeU) and the Serious Organised Crime Agency (SOCA).
The arrest is connected to an ongoing operation looking into the distribution of malicious software known as Tilon.
The software has been used to infect online banking customers' computers and then steal their personal details to help complete fraudulent transactions.
Police have taken the man to a south London Police Station where he remains in custody.
His computers and digital media have been seized.
A Met police spokesman said: "To help reduce everybody's vulnerability to criminal malware, it is recommended that members of the public maximise their online security.
"This can be done by regularly updating their anti-virus software and routine operating system patches."
For more information visit getsafeonline.org.