Insiders in Headhunter Industry
Korn/Ferry International, the world's largest executive recruitment firm, accuses its five former employees of stealing 32,500 candidate and clients records from corporative database. The central figure of the scandal is David Nosal, executive recruiter, who is as famous as Korn/Ferry.
One in Five Is ID Theft Victim
Nearly 20% of US consumers have experienced ID theft, and younger adults are at greatest risk, the latest Experian-Gallup Personal Credit Index reported. The survey among a nationally representative sample of 1,000+ respondents revealed that 25% of people under age 30 report having their financial information stolen, compared with about 18% of respondents ages 31 to 64, and just 11% of people 65 and older. The poll also finds some significant regional differences.
ID Theft Victims Find Difficult to Clear Their Names
The latest report, published by Nationwide Mutual Insurance, says that 25% of Americans who fall victim to identity theft find it a struggle to clear their name.
CardSystems Solutions to close due to data leakage
Credit card processor CardSystems Solutions, which potentially exposed more than 40 million cards of all brands to fraud, is likely to close, because two of its main customers, Visa and American Express, has decided to cancel their business partnership with CardSystems. Company's CEO John Perry tells the US House of Representative that if two credit card giants don't reconsider, CardSystems will Р’В«be forced to permanently close its doorsР’В».
Wells Fargo Bank Finds a Way to Profit from its Weak Security
Wells Fargo experienced several security incidents that put hundreds of thousands of customers into risk of ID theft. Nevertheless the bank has found a way to profit from the problem.
Private Data Leakage Cost ChoicePoint 11.4M dollars
Credit and personal information vendor ChoicePoint Inc. reported that it had spent $6 million in consequence of October 2004 data theft in the second quarter, which ended June 30. The second-quarter charge came on top of a $5.4 million charge the company had to take in the first quarter related to the same incident.
US Government Agencies Have Problems with IT-security
The GAO (General Accountability Office) criticized the SEC (Securities and Exchange Commission) last month. Audit performed by the GAO disclosed that the SEC has serious internal IT-security problems in dealing with critical financial information and accountancy practices. The importance of this revelation is strengthened by the fact that the SEC is responsible for auditing procedures and practices that should prevent fraud and ensure financial accuracy in other companies.
Private Data Leakage from Fiducial Business Services of Portland
Non-standard incident has occurred in Portland. Criminals, who probably were druggies, broke in the door at Fiducial Business Services and stole computers with backup private information for about 20,000 clients of a Portland tax business. The thieves, who left syringes and drug paraphernalia at the scene, took the equipment but no paper files.
New Private Data Leakage from Indian Call Centre
An Indian call centre worker is accused of selling personal information on 1,000 UK bank accounts for Р€4.25 each. The details of the case were published by English newspaper The Sun. It reported that Indian criminal could copy more than 200,000 customer accounts a month, containing passwords, addresses, phone numbers and passport details. Potential actions of call centre insider could affect more than one UK bank, so the details have been handed to the police.
