Computer fraud hits companies

Thursday, 6 June 2002, 11:15 AM EST

Accountants Ernst and Young revealed yesterday that one of the firms lost €80,000 over the St Patrick's Day weekend.

The growing crime, called Telco fraud, has cost companies worldwide billions of dollars.

Michael Harris of Ernst and Young told RTE: "The phone systems have a modem and people can dial into that modem from their PC and when they type in a password they have full access to the telephone system and they can change anything they want.

[ Read more ]

Related items




Spotlight

DMARC: The time is right for email authentication

Posted on 23 January 2015.  |  The DMARC specification has emerged in the last couple years to pull together all the threads of email authentication technology under one roof—to standardize the method in which email is authenticated, and the manner in which reporting and policy enforcement is implemented.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Jan 26th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //