[ISN] IT contractor gets five years for $2M credit union theft

From: InfoSec News <alerts_at_private>
Date: Mon, 3 May 2010 00:20:42 -0500 (CDT)

By Jaikumar Vijayan
April 29, 2010

For the second time this week, companies are getting a stark reminder of 
the danger posed to enterprise networks and assets by insiders with 
privileged access.

Zeldon Morris, a Provo, Utah computer contractor, was sentenced on 
Wednesday to more than five years in prison after pleading guilty to 
stealing close to $2 million from four credit unions that he performed 
IT services for.

Judge Clark Waddoups of the U.S. District Court for the District of Utah 
also ordered Morris to repay more than $1.8 million in restitution to 
his victims and to submit to five years of supervised release upon 
completion of his prison term.

In December, Morris had pleaded guilty to using his privileged computer 
access to steal money from Family First Federal Credit Union, Alpine 
Credit Union, Deseret First Credit Union, and First Credit Union.


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Received on Sun May 02 2010 - 22:20:42 PDT

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