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Downturn may turn techies to crime, says report from PwCImpoverished IT workers who have been made redundant will go rogue in 2009, selling corporate data and using crimeware, reports have predicted. The credit crunch will drive some IT workers to use their skills to steal credit-card data using phishing attacks, and abuse their privileged corporate computer access to sell off valuable financial and intellectual information, forensic experts have warned. A PricewaterhouseCoopers forensic expert claimed the financial-services sector is already investigating a rising number of staff frauds. Read the ZDnet article hereFraud Risk 'Rises' During Crunch, says KPMGFraud in the workplace is likely to accelerate during the global economic downturn, says accountants KPMG. This is because managers may falsify figures to make performance look better and debt-strapped employees are more likely to commit fraud. Corporate fraud in the UK was £630m in the first six months of 2008, up on recent years. Fraudsters may struggle to get false credit cards in the current climate, making them more likely to target their victim's deposit accounts. Read the BBC article here |
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