How firms and fraudsters deal in data

Friday, 30 November 2007, 2:43 AM EST

The information lost by the HMRC could prove very valuable to fraudsters, computer security experts say.

"In the fraud underworld the quality of data directly impacts the flexibility with which they can use it," said Andrew Moloney, financial services market director for RSA Security. The more data you have around a subject the more different ways you can use that to commit fraud."

At the BBC.

[ Read more ]




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