Posts Tagged ‘fraud’

Organizations Must Stay Vigilant Against Insider Threats

Tuesday, September 1st, 2015

I started my career as a systems engineer at a large multinational financial and healthcare corporation. I was responsible for creating and maintaining the applications change management system. The purpose of the system was to ensure that after the programmer finished coding, the code could be moved, with the approval of the manager, to a different area to test. After testing was complete it would be moved back to the development area if changes were needed, or a different manager would approve it to be moved to the live/production area for widespread use.

By requiring different individuals/roles other than the programmer (who did her own testing while creating the program) to test the program, it accomplished two primary goals: (more…)

Man Pleads Guilty To Loading Keylogger Software On Public Computers Worldwide To Collect PII and Commit Fraud

Monday, January 14th, 2008

Here’s another good example of an actual cybercrime that was allowed to occur because poor of safeguards on computers provided for public use.
On January 9, 2008, Mario Simbaqueba Bonilla plead guilty to installing keylogger software on hotel business center and Internet cafe computers located in hotels throughout the world that allowed him to access the bank and other financial accounts of over 600 individuals.