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Laid Off Employees Turning to Cybercrime
ReadWriteWeb ^ | February 1, 2009 | Lidija Davis

Posted on 02/04/2009 6:24:17 PM PST by DeepThought42

In what appears to be a growing trend, displaced employees are turning to cybercrime using their corporate data access to steal, exploit and damage information networks, and may have cost businesses as much as $1 trillion globally according to a new study from McAfee and Purdue University's Center for Education and Research in Information Assurance and Security

Although insiders have always posed a threat to information security, the report warns that the global recession is putting vital information at greater risk than ever before.

The report, Unsecured Economies: Protecting Vital Information (free, requires free registration) was released last week at the World Economic Forum and suggests that the economic downturn is increasing the security risk for corporations with 42 percent of respondents reporting that displaced workers were the biggest threat to sensitive information on the network.

(Excerpt) Read more at readwriteweb.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Technical
KEYWORDS: computers; crime; cybercrime; hacking; noexecuseforcrime

1 posted on 02/04/2009 6:24:18 PM PST by DeepThought42
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To: DeepThought42

>> according to a new study from McAfee

No axe to grind there, eh? Pure scholarly research I’m sure.


2 posted on 02/04/2009 6:25:37 PM PST by Nervous Tick (Party? I don't have one anymore.)
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To: Nervous Tick

Cha-CHANGE. $$$. ‘Strike while the iron’s hot’.


3 posted on 02/04/2009 6:28:58 PM PST by RushIsMyTeddyBear (Obama dozed.....people froze.)
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To: DeepThought42

Send the bill to the Liberal God, Pelosi, and Reid.


4 posted on 02/04/2009 6:31:00 PM PST by ExTexasRedhead
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To: expat_panama

Here we go again. When will they write the stories about the unemployed turning to cannibalism to make ends meet?


5 posted on 02/04/2009 6:31:01 PM PST by 1010RD (First Do No Harm)
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To: DeepThought42

I heard this happened at Initech.


6 posted on 02/04/2009 6:38:07 PM PST by KC_Conspirator
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To: DeepThought42; ShadowAce

The moral of the story... make sure the IT guys, especially the ones with god-mode level of access, are the last out the door if you are downsizing. They can virtually destroy your company even after they are long gone.

I’m sure a great majority wouldn’t do such a thing, but desperation can have an effect on people.


7 posted on 02/04/2009 6:40:02 PM PST by KoRn
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To: Nervous Tick

Unfortunately it is true. There are other signs this is happening as well.

But then insider theft has always been a greater risk than external theft.


8 posted on 02/04/2009 6:49:49 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: KoRn

If you’re company is set up properly your IT guys should not have any unnecessary access or present a greater risk.

but then most companies think spending money on security is optional.


9 posted on 02/04/2009 6:51:51 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: DeepThought42

So I guess they are making $1000.00 a day and didn’t have listen to the infomercial......


10 posted on 02/04/2009 7:10:38 PM PST by Kimmers (Working hard so Obamas friends don't have to)
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To: DeepThought42

If I’d had a good virus ready, I’d have gladly unleashed it upon the giant electronics conglomerate based in the IslamoNetherlands that fired me. But I did not. It would not have denied me sleep.


11 posted on 02/04/2009 9:11:00 PM PST by Sender (It's never too late to be who you could have been.)
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To: KC_Conspirator

Peter Gibbons: [about the plan to steal from Initech] Before we go any further, all right, we have to swear to God, Allah, that nobody knows about this but us, all right? No family members, no girlfriends, nobody.
Samir: Of course.
Michael Bolton: Agreed,
Lawrence: [from the next apartment through the wall] Don't worry, man. I won't tell anyone either.
Michael Bolton: Who the fuck is that?
Peter Gibbons: Uh, don't worry about him. He's cool.

12 posted on 02/05/2009 12:43:48 PM PST by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: anymouse

13 posted on 02/05/2009 12:49:14 PM PST by TADSLOS (McCain always has a job as Obama's Butt Boy when he loses his seat in 2010)
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To: TADSLOS
Michael Bolton: We get caught laundering money, we're not going to white-collar resort prison. No, no, no. We're going to federal POUND ME IN THE ASS prison.
14 posted on 02/05/2009 1:04:09 PM PST by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: anymouse
LOL!


15 posted on 02/05/2009 1:48:46 PM PST by TADSLOS (McCain always has a job as Obama's Butt Boy when he loses his seat in 2010)
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To: anymouse

I’m glad somebody caught that...


16 posted on 02/06/2009 6:40:49 AM PST by KC_Conspirator
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To: KC_Conspirator
Yes, but they stole the stealing roundoff fractional penny's from bank transaction software plan from Richard Pryor's character in "Superman III"


17 posted on 02/06/2009 9:52:18 AM PST by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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