Forwarded from: Mark Bernard <mbernardat_private> Good afternoon Associates, Have you seen this story? Why crack a systems to get information when you can just buy the system? This should never happen, but its happening right here in Canada more frequently than ever before........ Once a Corporate computer has exceeded a three year period of use it represents capital that has been written off which the company has received credit for from the government of Canada. So why are these banks selling worthless assets to make a profit at such risk? Just take a look at some of the inherent risks including potential effects that they take on below. The economic impact can start to be measured by the loss in confidence in the BOM, namely share prices. Share holders will lose savings. This could mean that retirees who depend on that money to just get buy have less now. The possibility of ID Theft raises its head again and a violation of the privacy rights which will mean a possible class action suite. The privacy commissionaire will investigate so tax payers will pay for auditors to investigate further impacting the productivity of the BOM staff. Possible job loss by one or two individuals may mean new people will get hired, they will need to be trained or we might see this problem occur once more in the near future. Really these incidents need to be discussed openly so that people are clear about this risks and associated threats. Regards, Mark. ----------------------------- http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1063577414565&call_pageid=968332188492&col=968793972154 Error' sends bank files to eBay Student buys BMO computers, finds client info Hard drives were on auction site for six hours TYLER HAMILTON TECHNOLOGY REPORTER Two Bank of Montreal computers containing hundreds, potentially thousands, of sensitive customer files narrowly escaped being sold on eBay.com late last week, calling into question the process by which financial institutions dispose of old computer equipment. Information in one of the computers included the names, addresses and phone numbers of several hundred bank clients, along with their bank account information, including account type and number, balances and, in some cases, balances on GICs, RRSPs, lines of credit, credit cards and insurance. Many of the files were dated as recently as late 2002, while some went back to 2000. The computers appeared to originate from the bank's head office on St. Jacques St. in Montreal, but customers, many of them also bank employees, had addresses ranging from Victoria, B.C., to St. John's, Nfld. ------------------------------ Regards, Mark. Mark E. S. Bernard, CISM, Apollo Computer Consultants Inc. email: Mark.Bernard.CISM@apollo-cc.com Web site: www.apollo-cc.com Phone: (506) 375-6368 - ISN is currently hosted by Attrition.org To unsubscribe email majordomoat_private with 'unsubscribe isn' in the BODY of the mail.
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