Be careful of hackers and key loggers....and your bank teller?

South Florida Identity Theft Ring Suspects Indicted

Identity theft is not always a high-tech crime.  As a matter of fact, the vast majority of identity theft cases are still relatively low-tech in nature. The easiest way to steal identities is still through a trusted source that has access to the information and it is also the hardest to detect.  No network intrusion tracks, no data logs...and the insider typically knows how to cover any tracks.

IT worker syphons from bank's customers

Bank IT worker charged in $1.1 million fraud - InformationWeek

Unfortunately, this is not a rare occurrence.  What we don't know is how law enforcement detected the fraud.  If a tip came from a victim, it is scary to think of how long this fraud would have lasted if this individual were part of a criminal organization.  Instead of opening accounts, this thief could have just sold the identities in the black market and he would have been much harder to trace.  This is every IT security employee's nightmare.

Employer stealing from Employee??

http://www.seacoastonline.com/articles/20091031-NEWS-910310336

One of the objectives of this blog is to educate people about the risks of identity theft and point out potential sources of it. This is a fairly strange and sad set of circumstances that can happen to any of us. The victim in this tragedy will feel the effects of this crime for years and her life will never be the same.