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Cisco Warns of Increase in Cybercrime Due to Recession

heya IT PINOYs!!! imagine yourself getting fired from your current company, okay that suck! the thing is you got hold of critical infos about the company, if worse comes to worse would you resort to scams to survive and perhaps get even with your former boss?

well, an ex-analyst @ the Federal Reserve Bank of NY did and was arrested last april for suspicions of taking out loans using false identities.

FBI found a flash drive attached to the ex-employee’s PC with applications for $73K in loans in the names of stolen identities.

Cisco Systems Inc. warned of this events where laid-off employees (esp. those with computing skills) might resort to online crimes (such as phishing) to support themselves.

read more [abs-cbnnews.com]

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