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

Information security executives need to be strategic thinkers

Posted on 17 June 2013.  |  George Baker, the Director of Information Security at Exostar, talks about the challenges in working in a dynamic threat landscape, offers tips for aspiring infosec leaders, and more.


Daily digest

By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
  

Weekly newsletter

With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.
  

 

DON'T
MISS

Tue, Jun 18th
    COPYRIGHT 1998-2013 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //