The British National Crime Agency has secured its first conviction following an investigation by the agency's National Cyber Crime Unit (NCCU).
Launched last week as a replacement for the UK's Serious Organised Crime Agency, the NCA is being positioned as a single law enforcement agency that will be responsible for leading the national response to organized crime—this covers everything from cross-border criminal networks to cybercrime, as well as tracking down child sex abusers using the Internet to target children.
The NCCU is a combination of the cybercrime-fighting function that was built up under SOCA and the Metropolitan Police's e-crime unit, which was brought in under the NCA's control after building up a strong reputation in recent years.
Olukunle Babatunde, 27, of Croydon, South East London, was sentenced to serve five years and six months at Inner London Crown Court, after pleading guilty to a number of offenses including conspiracy to defraud banks, financial institutions, and their customers.
He was arrested in connection with an ongoing operation, investigating the distribution of stolen financial data obtained by means of "organized international crime." Babatunde sent out rogue phishing emails in the hope that customers would give up their banking details—which could be sold on the black market or used directly.
The agency has said that if Babatunde had been successful in his phishing operation he could have stolen nearly $1.2 million.
"This is an excellent result built on the joint working of precursor agencies and has involved the examination of a large number of data, resulting in 765 victim accounts being identified," said Andy Archibald, head of the NCCU."The National Crime Agency will continue to share information and intelligence with regards to serious and organized cyber crime, ensuring those who pose a threat to the public are identified and held accountable for their actions."
This story, "UK Cyber Crime Unit reports first conviction by new team" was originally published by Computerworld UK.