Fergie's Tech Blog

Cyber Gang Moles Steal Company Data

Dan Raywood writes on SC Magazine US:

Criminal gangs have been placing staff members in companies to operate as moles, an internet security expert said this week.

In a podcast interview, Peter Wood, member of the ISACA Conference Committee and founder of First Base Technologies, claimed that placing moles is common.

Wood said: “Some people in the banking community have quietly and anonymously said to me over the last year that they have found employees who have been placed in their company by criminal gangs and they have been operating as moles over that period."

Wood said companies often make the mistake of storing sensitive and confidential data in one place, which makes it very easy for criminals to act.

posted by Fergie @ 10/02/2008 01:32:00 PM