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Microsoft have warned companies to expect an increase in the amount of internal computer misuse from employees. They say that in the current financial climate, breaches of IT security by disgruntled staff is on the rise, and this will get worse as the situation deepens.
Doug Leland of Microsoft's Identity and Security Unit said, "This is one of the most significant threats companies face. The malicious insider is classed as the greatest security concern because they have access, and relatively easy access, to corporate assets.
He added that as more jobs are threatened, "there's an increased risk and exposure to these attacks".

February 11, 2009

Leading anti-virus software firm Symantec have warned of an increase in malicious insider security breaches due to the credit crunch.
Kevin Rowney of the firms Data Loss Prevention Unit said, "Common scenarios involve employees stealing information to sell to a third party, to get back at a company for being laid off or demoted, or to try and get a job at another company".
"We have even seen it as bad as people who got pink slips (redundancy notices) that day going to a customer database and forwarding huge blocks of this data out the door so they can then set up shop and sell to the same customers the next day".
Meanwhile a study by rival anti-virus company, McAfee, reported that global ecomonic losses due to data theft caused by organised crime, hackers and inside jobs was $1 trillion last year.

February 11, 2009

A recent investigation has shown that second-hand Blackberries being sold in Nigeria are being priced on the data held on them, regardless of the age and model of the device.
Most Blackberries are used for business purposes, and many contain sensitive emails, customer details and corporate information.
A survey of 600 London railway commuters showed that 16% keep their bank account details on their mobiles, whilst 24% contain pin numbers and passwords. Two out of five are not even password protected.

May 5, 2009

Employee use of the Internet
For many employees, email and the web are indispensable business tools. When you give your employees internet access, you give them a resource that has the potential to reap enormous business benefits. But it also has enormous potential to be misused and - in some instances - that misuse can be damaging for the business.

Nigel Miller Partner, Fox Williams LLP

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19 October 2009

Using IT to Tackle Internal Fraud
Amid fears of a double-dip recession, employee fraud and misconduct continue to keep us busy at asb law and the use of computer forensics has proved an invaluable tool in the majority of our cases. Even the most computer literate of employees have little idea of the electronic footprints that can be left on their computer and the trail of evidence that can be recovered.

Lyndsey Ratcliffe Associate, ASB Law

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29 June 2010
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